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Economy

Three instant credit companies fined for irresponsible lending

Three instant credit companies have been sanctioned by the Bank of Lithuania for failing to properly vet their clients’ credit worthiness. […]

Justinas Marcinkevičius. Pauliaus Lileikio nuotr.
CORPORATE

“National conscience” Marcinkevičius stirs emotions, national debate from beyond the grave

Diverging views on poetry has become an issue of a heated debate on history and censorship after Lithuania’s minister of defence denied a state award to an author whose analysis of the Soviet past did not match the minister’s own opinion. At the centre of the controversy is the poet Justinas Marcinkevičius whose name, for many, is synonymous with the country’s independence movement. […]

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Economy

Average Lithuanian wage jumps 6%

The average Lithuanian’s monthly pay packet grew by 5.9% in the final quarter of 2015, with a 4.6% rise in the public sector but a larger 6.7% rise in wages in the private sector. […]

Defence

Joint EU army supported by more than two-thirds of Lithuanians

According to the most recent Eurobarometer survey, more than two thirds of Lithuanians would support the creation of a joint EU military force. […]

"Rail Baltica"
Uncategorized

Rail Baltica project difficulties are behind us, says Mačiulis

Major difficulties in the Rail Baltica are now in the past according to the Government Chancellor Alminas Mačiulis who was addressing a meeting with European Commission representatives on the project on Tuesday. […]