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Gazprom’s intermediary LT Gas Stream leaving Lithuania
LT Gas Stream, a gas sale intermediary registered in Switzerland, is no longer selling Gazprom‘s gas to Lithuania’s Dujotekana, Verzlo Žinios reports. LT Gas Stream has been selling Russian gas exclusively to Dujotekana since 2008, […]
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Lithuania first in world to regulate peer to business lending
Lithuania is soon to become the first country in the world to regulate lending between enterprises and their customers. “There are many countries which have similar borrowing alternatives, but they do not have regulation. We […]
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Lithuania to get low fee basic bank account under new proposal
The idea of a basic bank account that would attract a low flat fee and allow Lithuanians to get a complete service package in one account at a fixed commission is being moved forward by […]
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Not a single child killed on Lithuania’s roads last year
Not a single child has been killed on the roads due to their own negligence last year, said Lithuanian police spokeswoman Marija Kazanovič on the LRT show Labas Rytas Lietuva. This is the first time […]
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Lithuania’s petrol prices starting to rise at pumps
Petrol prices in Lithuania’s filling stations went up slightly since the beginning of the month, following an extended lull. Industry representatives put the increase down to increasing oil prices on global markets. Petrol prices have […]
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Shrinking pensions, emigration and low birth rate ‘are connected’
Shrinking pensions, emigration and a low birth rate are all related problems, according to Conservative Rimantas Jonas Dagys, a member of a Parliamentary Social Affairs and Labour Committee, who is proposing to link pensions to […]
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Electricity prices drop in Baltics with NordBalt back online
Electricity prices have fallen in Lithuania in the last week as electricity imports from the Nordic countries flowed again following the fixing of problems on the Nordbalt interconnector. Last week the average price of electricity […]
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‘Taxpayers’ money wasted’ as Lithuania’s public sector wage bill climbs to €1bn
The Parliamentary Audit Committee has calculated that the government sector last year took a tenth of taxpayers’ money, almost €1 billion – just for salaries. “The trends are bad. The numbers are increasing in all […]
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Lithuanian tax take from foreign companies to grow over next two years
Foreign companies operating and expanding in Lithuania will begin paying higher taxes to the Lithuanian government some over the next two years as they expand and develop in Lithuania, Verslo Žinios reports. “The investors attracted […]
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Israeli trade delegation seeks organic food suppliers in Lithuania
The largest Israeli food industry delegation to date is currently on a visit to Lithuania with 50 Lithuanian companies set to meet with representatives of 13 Israeli companies. Israel is particularly interested in organic, vegetarian, […]
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New Lithuania-Poland strategic partnership proposed by Christian Democrats
The Lithuanian Homeland Union-Lithuanian Christian Democrats Party have put forward a proposal for the formation of a new strategic partnership between Lithuania and Poland. The resolution proposes to form a common position on regional security […]
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EU Ambassador: Russia sanctions are working
The European Union‘s sanctions on Russia have worked, EU Ambassador to Moscow Vygaudas Ušackas believes. If it were not for the sanctions, the EU would not have reached the Minsk agreements on truce in eastern […]
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Former Interior Minister posts essay to explain views on Facebook
Former Interior Minister Saulius Skvernelis has posted an essay on Facebook from his school days to explain his views and values in view of his resignation and his decision to join the Peasant and Green Union in upcoming elections. […]
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Liberal Movement selects journalists among candidates for the elections
Liberal Movement Council approved 32 new single member constituency representatives to take part in this year’s parliamentary elections over the weekend. […]
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Social Democrats oppose Order and Justice nomination for interior minister
The Social Democratic party has chosen not to support the Order and Justice party’s nomination of Povilas Gylys as a candidate for Minister of the Interior. […]
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