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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. […]

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Economy

Lithuania tries to attract more tourists from Israel

After opening the Embassy of Israel in Vilnius, joining the euro zone and being chosen by the Lonely Planet as one of the world’s top tourist attractions, Lithuania is becoming more accessible and welcoming to Israeli tourists. […]

São Paulo
Foreign affairs

Lithuanian foreign minister to pay formal visit to Brazil

Lithuanian Minister of Foreign Affairs, Linas Linkevičius, will leave for a formal visit to Brazil on Monday, 6 April. […]

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Foreign affairs

Lithuanian foreign minister expresses condolences over death of former British ambassador Michael Peart

“I am deeply saddened by the news of Michael Peart passing. He was a true friend of Lithuania and the first Ambassador of the United Kingdom to Lithuania. We shall always remember Michael with great respect, with gratitude. He will remain in our hearts forever as a true friend of Lithuania,” reads the letter of condolences sent by Linas Linkevičius to the wife and son of the deceased on 3 April, the MFA reports. […]

NordBalt cable
Energy

Final stretch of NordBalt cable to be laid under Baltic Sea

On Thursday, the works on laying the NordBalt cable resumed in the Baltic Sea. The last 150 kilometres will be laid by the end of this summer, the Ministry of Energy reports. […]

Dainoras Bradauskas
Politics

Bradauskas becomes Head of Lithuania’s State Tax Inspectorate

Dainoras Bradauskas has won the Monday’s tender to head the State Tax Inspectorate under the Ministry of Finance (VMI). A total of 5 candidates participated in the competition, even though 11 had registered to take part. […]