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Society

Lithuania to open Norwegian-style halfway houses to transition prison inmates into freedom

Using Norway‘s experience as inspiration, Lithuania will establish halfway houses in four locations for prison inmates who are about to complete their sentences. […]

Finasta
Economy

Invalda LT-led consortium to negotiate acquisition of Finasta Banking Group

The Creditor’s Committee set the minimum selling price and the sale method of the Finasta Banking Group, and authorized the Snoras Bank bankruptcy administrator to complete negotiations with the investor which had submitted the best offer, namely the consortium led by investment company Invalda LT. Nevertheless, the acquisition is still to be approved by the Competition Council. […]

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Politics

Lithuanian parliament passes amendment allowing EU citizens to run in municipal and EP elections

With 54 votes in favour, 3 against and 10 abstentions, Lithuania’s parliament approved draft amendments to the preamble to the Law on Political Parties, implementing the requirement laid down in the Treaty on the Functioning of the European Union to guarantee citizens of the union who are not nationals of that state the right to stand as candidates in municipal elections and in elections to the European Parliament, the Seimas’ press service reports. […]

Sweden's military is working on two new observations that could be evidence of suspected "foreign underwater activity"

Sweden works on two new sightings of suspected intruder in its territorial waters

Sweden‘s military has two new observations that could be evidence of suspected “foreign underwater activity” near Stockholm, a senior naval officer said on Tuesday. […]