Articles by Lithuania Tribune

Economy

Invest Lithuania awarded for professionalism and success

December 22, 2014 Lithuania Tribune 0

The 16th annual awarding of St. Christopher’s statues took place at Vilnius Town Hall on 18 December. The statutes, which are the highest honour awarded by Vilnius Municipality, were presented to the city’s most deserving people and businesses. At the ceremony, the foreign investment development agency Invest Lithuania was awarded for its professionalism and for attracting foreign investment to Vilnius, the agency said. […]

Danielis Libeskindas
Economy

Libeskind unveils designs for new leisure centre in Vilnius

December 20, 2014 Lithuania Tribune 0

The City of Vilnius, together with private investors and the world renowned architect Daniel Libeskind have revealed the design for Vilnius Beacon at the Liepkalnis Ski Hill. The project is a collaboration between the City of Vilnius and Daniel Libeskind to create a new tourist destination and aid in the transformation of the city as a centre of the Baltic region, the Vilnius City Council said. […]

Politics

Lithuanian parliament ratifies European Stability Mechanism treaty

December 19, 2014 Lithuania Tribune 0

The Lithuanian parliament has ratified the treaty establishing the European Stability Mechanism. The agreement was signed by the euro area countries in Brussels in 2012 and amended in 2014. […]

LitPol Link
Energy

Litgrid borrows EUR 65m from European Investment Bank

December 19, 2014 Lithuania Tribune 0

On 18 December 2014, the Lithuanian electricity transmission system operator Litgrid and European Investment Bank (EIB) signed an agreement on a EUR 65m loan for a maximum period of sixteen years. The funds will be used to partially finance implementation of LitPol Link project and the new power line from Alytus to Kruonis PSHP (Pumped Storage Hydroelectric Plant), Litgrid said in a statement. […]

Algirdas Butkevičius
Foreign affairs

Lithuanian prime minister discusses cooperation with China in Belgrade

December 17, 2014 Lithuania Tribune 0

While on a working visit in Belgrade, Lithuanian Prime Minister Algirdas Butkevičius met with Prime Minister of the People’s Republic of China, Li Keqiang, to discuss possibilities for closer political and economic cooperation, development of relations in transport, agriculture, and education, as well as China + 16 format and its outlook for the future, the prime minister’s press service said. […]

Bloomberg terminal. KTU photo
Economy

KTU to offer students access to Bloomberg Professional Service in new financial markets lab

December 17, 2014 Lithuania Tribune 0

Kaunas University of Technology (KTU) has signed an agreement with leading global financial information company Bloomberg to install a financial markets lab, the first of its kind in Lithuania and the Baltic region. The contract will allow KTU students to access the Bloomberg Professional service, which has more than 320,000 leading business and financial subscribers worldwide. […]

Laivas "Jotvingis"
Defence

Navy ship finishes active duty and will continue standby in Klaipėda Seaport

December 17, 2014 Lithuania Tribune 0

Upon completion of the active duty in the NATO Response Force Lithuanian Naval ship LNS Jotvingis, a flag ship of Standing NATO Mine Counter-Measures Group One (SNMCMG1), is returning to Klaipėda, Lithuania. Lithuanian Naval Officer Commander Giedrius Premeneckas will continue to command SNMCMG1 from this ship of Lithuanian Navy, which will be moored in Klaipėda Seaport up to the end of January 2015. […]

Society

Not all Lithuanian school students have equal access to vocational guidance, auditors say

December 16, 2014 Lithuania Tribune 0

The National Audit Office of Lithuania has conducted an audit to assess the organisation and implementation of school students’ vocational guidance, the office said in a press release. […]

Lithuanian solders on alert
Defence

Lithuanian Armed Forces cancels increased level of readiness

December 13, 2014 Lithuania Tribune 0

The Lithuanian military has cancelled higher level of readiness in its units on duty, the Rapid Response Force and some peacetime operations units, which was increased on 7 December. […]