Global Lithuanian Awards
Global LT

“Global Lithuanian Awards 2014” invites to nominate outstanding people linked to Lithuania

Third year in a row, Global Lithuanian Leaders | GLL organizes Global Lithuanian Awards for the outstanding personalities and their achievements to be noticed, promoted and celebrated. […]

LitPol Link
Energy

Lithuania’s LitPol link construction halfway finished

Construction of the LitPol Link power interconnection with Poland, one of Lithuania’s most important current energy projects, is rapidly pushing forward, with 45 percent of planned works now complete, Litgrid, the Lithuanian electricity transmission system operator, reports. […]

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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Defence

Denmark and Lithuania reaffirm cooperation in defence

At a meeting on Tuesday in Copenhagen, Defence Policy Director of the Ministry of National Defence Vaidotas Urbelis and Defence Policy Director of the Ministry of Defence of Denmark Kristian Fisher underscored that both countries saw essential partners for defence cooperation in one another, the Lithuanian ministry said. […]

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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. […]

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Foreign affairs

Lithuanian PM welcomes new Norwegian ambassador

On Wednesday, Lithuanian Prime Minister Algirdas Butkevičius welcomed Dag Malmer Halvorsen, ambassador of the Kingdom of Norway, in Vilnius. […]