Lithuania is making the transition from to a developed market-economy capitalism but it is creating negative side- effects, said Robertas Dargis, president of the Lithuanian Confederation of Industrialists. […]
The inter-celebratory period gives us a single day between Valentine’s day, which is dedicated to billions of lovers around the world, and February 16th, which is a celebration for only about 3 million not-quite-so-romantic citizens of the world. […]
It took almost 10 years for a court’s decision regarding the Labour Party‘s fraudulent bookkeeping in 2004-2006 to come into effect. However, the Vilnius circuit court’s altered decision regarding the sentence for Viktor Uspaskich, the party’s disgraced founder, raised a storm of commentary. Few seem to have expected the appeal court’s decision. How could it be that the accused got away with a tiny fine when they had been working to hide millions? […]
Lithuania will manage to successfully integrate refugees from the Middle East, Prime Minister Algirdas Butkevičius believes, but said that the process will present many challenges. […]
The Lithuanian government is to draft legislation restricting the sale of alcohol in non-grocery stores, Prime Minister Algirdas Butkevičius said. […]
According to Gitanas Nausėda, the advisor of the president of SEB Bank, 2015 wasn’t a very special year for Lithuania, though, considering Lithuania’s GDP growth, it would be wrong to call it a stagnant year as well. […]
The association agreement between the EU and Ukraine, which was signed in 2014 but only came into effect on 1 January, will have a range of effects on the economies of both Ukraine and the EU. Rimantas Šėgžda, the Lithuanian Commercial Attache at the Embassy of the Republic of Lithuania in Ukraine, discussed how the changes will impact Lithuanian businesses. […]
In the first press conference organized by the new Prosecutor General Evaldas Pašilis since he was sworn in two days ago, he promised changes in the Prosecutor’s Office. […]
After the Seimas (parliament) failed to adopt legislation authorizing mandatory vaccinations, an order made by former Minister of Health Vytenis Andriukaitis instructing not to accept unvaccinated children to kindergarten extablishments will take effect in 1 January, 2016. Minister of Health Rimantė Šalaševičiūtė says that the order will only apply to newly accepted children. […]
Lithuanian economic growth this year has been the slowest among the Baltic countries, but analysts at Danske Bank predict that the country’s gross domestic product growth next year will be faster than in Estonia and, in 2017, will bypass Latvia as well. […]
On Tuesday, the General Prosecutor’s Office reported that Darius Raulušaitis, who had been serving as a temporary Prosecutor General, withdrew from the Prosecutor General’s Office. D. Raulušaitis had held the position since June, when former Prosecutor General Darius Valys’ term ended. […]
Amber Grid, a Lithuanian gas transmission company, signed a 10-year contract with the Russian gas concern Gazprom for the transportation of gas from Belarus through Lithuania to Kaliningrad. According to the contract, the services will cost about €10-11 m. annually for 10.5 million cubic meters of gas a day. […]
Lithuania may face fines following the decision by parliamentarians not to allow former Lithuanian president Rolandas Paksas to run again for elected office, according to Prime Minister Algirdas Butkevičius. […]
There are good things in next year’s budget, like the increase of national defence budget, but Lithuania will also begin to lose its reputation with international financial institutions and finance markets, Andrius Kubilius, the leader of the opposition in the Seimas (parliament), told Žinių Radijas radio. […]
Lithuanian electricity grid operator LESTO is merging with the gas company Lietuvos Dujos. The purpose of the merger is to optimise the operations, and reduce costs so that consumers can pay less for gas and electricity, according to Energy Minister Rokas Masiulis. […]
A meeting between President Dalia Grybauskaitė and the Parliamentary Committees on Foreign and European Affairs discussed the EU’s refugee relocation scheme. According to the European Affairs Committee chair Gediminas Kirkilas, Lithuania’s position is to oppose proposals of introducing a permanent mechanism for refugee resettlement. […]
Lithuanian President Dalia Grybauskaitė submitted a bill aimed at curbing the shady donations from state and municipality controlled companies, preventing waste of money and ensuring more transparency. […]
NATO has shown that its members will not tolerate violations of their airspace territorial integrity, Lithuanian Foreign Affairs Minister Linas Linkevičius said to the Žinių Radijas radio. […]
Terrorist attacks in Paris and the plane crash over Egypt’s Sinai Peninsula might provide a turning point in Russia‘s relations with the West, allowing Moscow to break out of international isolation. Major Western powers might have to adopt a more lenient tone when talking to Russia in order to have Moscow contribute to fighting international terrorism, says Laurynas Kasčiūnas, analyst at the Eastern Europe Studies Centre. […]
The government has approved the bill on the Lithuanian airports concession, which is expected to boost competitiveness of Lithuania’s air transport system. […]
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