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Electricity cheaper throughout Baltic Sea region in March

In March the electricity price was the lowest since the Nord Pool Spot have been launched in Lithuania in 2012. The average electricity price in the Lithuanian bidding area was 32 EUR/MWh. The demand of electricity fell by 8 percent due to warmer weather and lengthening daylight. Compared to March last year, the price decreased by 23 percent in the Lithuanian market, the Lithuanian electricity transmission system operator Litgrid reports. […]

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Society

Israeli Embassy in Lithuania awarded the Righteous Among the Nations

The Embassy of the State of Israel, together with the Lithuanian Jewish community and the Vilna Gaon Jewish State Museum, on a Day of remembrance of the Holocaust, this year marked on 16 April, awarded the Righteous Among the Nations. The State of Israel awarded six Lithuanian families, which in spite of the danger during the Second World War, saved Lithuanian Jewish people. The award ceremony was held in the Government’s Office of the Republic of Lithuania. […]

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Society

Vilnius to host conference on equal opportunities

The Office of Equal Opportunities Ombudsman, National Equality and Diversity Forum, the Committee on Human Rights of the Seimas of the Republic of Lithuania and the European Information Office of the Seimas organize the Human Rights Conference on “Equal Opportunities Policy in Europe and in Lithuania: Current Challenges and Future Perspectives”, the European Information Office of the Seimas reports. […]

Linas Linkevičius
Foreign affairs

Minister Linkevičius thanks Japan for lending support to Lithuania’s OECD membership

On 15 April, Minister of Foreign Affairs of Lithuania Linas Linkevičius in a meeting with Parliamentary Deputy Minister for Foreign Affairs of Japan Kentaro Sonoura expressed his gratitude to Japan for supporting Lithuania’s ambition to join the Organisation for Economic Co-operation and Development (OECD) and noted that Lithuania was looking forward to mutually beneficial cooperation within the OECD. […]

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Foreign affairs
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Foreign affairs

Lithuanian PM meets with ambassador of India

On Monday, incoming Ambassador of the Republic of India to the Republic of Lithuania Ajay Bisaria has met Prime Minister Algirdas Butkevičius at the Office of the Government. The prime minister has congratulated the ambassador on his new term of office in Lithuania, discussed bilateral relations, and stressed Lithuania’s interest in the signing of the Free Trade Agreement between the European Union and India, the prime minister’s press service said. […]

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Economy

Lithuania leads Europe in fibre-optic internet penetration

Once again, Lithuania proved that it is a leading country in fibre-optic network penetration. In 2014, the number of internet users in Lithuania increased by almost 3 percentage points and reached 34.6 percent. This is by far the best result among the 39 European countries where the study was conducted, Lithuania’s Ministry of Transport and Communications said. […]

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Economy

Lithuania’s central bank suggests tougher guidelines for housing loans

The Bank of Lithuania has presented to market participants its proposals concerning changes to the Responsible Lending Regulations. They would introduce the requirement to responsibly assess customer’s risk due to likely interest rate increases, while the proposed shorter maximum maturity of a housing loan would speed up the repayment of the loan and reduce the possibility of over-indebtedness, the Bank of Lithuania said. […]

Ignas Gelžinis
Sports

Positive Porsche Carrera GB debut for Ignas Gelzinis

Ignas Gelzinis has admitted he never expected such a positive Porsche Carrera Cup GB championship debut, after he finished seventh out of 28 drivers in the series’ season opener at the Brands Hatch Indy circuit. […]