CORPORATE
Larger loads on ships to boost Klaipėda port revenues
The first ship with a 13.6 metre draft has left Klaipėda port after the deepening of the port led to the adoption of a new 13.8 metre limit for ships. […]
CORPORATE
CORPORATE
Lithuania’s population decline hitting industry
Lithuanian population is in steady decline and domestic industry is losing consumers but so far the impact of this negative change has been reduced by a growing rate of domestic consumption. […]
CORPORATE
‘Neighbouring countries still pose biggest threat to Lithuania’
Unfriendly neighbouring countries are the biggest current threat to Lithuania, said Artūras Paulauskas, chairman of the Parliamentary National Security and Defence Committee on Žinių Radijas. […]
CORPORATE
Paksas calls on Interior Minister to step down after joining Greens
Rolandas Paksas, leader of the Order and Justice party has called on Interior Minister Saulius Skvernelis, who they nominated to the post, to step down after announcing his decision to run for the Peasant and Greens Union in upcoming elections yesterday. […]
CORPORATE
Olympic champion will not join the Social Democrats
One of the country’s most famous athletes, discus thrower Virgilijus Alekna has said he had no plans to join the Social Democrats for the upcoming parliamentary elections, and may not take part in the elections at all. […]
CORPORATE
Lithuania ranked 19th in world for economic freedom
Lithuania has been ranked 19th in the Economic Freedom of the World index ahead of the other Baltic States but well behind other developed counties, according to a US research institute. […]
CORPORATE
Skvernelis coup marks out Greens as rising star
With a slow but steady rise in their poll ratings, the Peasant and Greens Union have been seen by analysts as a rising star in Lithuania’s politics even before it snatched one of the most sought-after political newcomers, unaffiliated Interior Minister Saulius Skvernelis. […]
CORPORATE
‘Current laws allow manipulation of criminal intelligence’ – Seimas committee
Lithuania’s parliament has decided that current laws allow manipulation of statements based on secret criminal intelligence and that disclosure of such information should be considered a crime. […]
CORPORATE
Lithuanian to head Ukrainian State Depository
Lithuanian Mindaugas Bakas has been selected to chair the Ukrainian State Depository, reports ukrainianjournal.com […]
CORPORATE
Lithuania’s strict rules on foreign workers ‘causing skills shortage’
Excessive bureaucracy and overly strict rules on bringing in skilled foreign workers for sectors where there are shortages are damaging Lithuanian-based companies’ ability to compete in global markets, according to the head of the Lithuanian Business Federation. […]
CORPORATE
CORPORATE
Terrorist attacks ‘are a problem for all the Western European society’ – Lithuanian analyst
The problem of terrorist attacks is not just an issue for the law enforcement authorities but for Western European society as a whole, said Lithuanian political scientist Laurynas Kasčiūnas. […]
CORPORATE
Terrorism threat level in Lithuania remains same after Brussels attack
The terrorism threat level in Lithuania will not be increased after the terrorist attacks in the Belgian capital Brussels, according to the Lithuanian Coordination Council of the security services. […]
CORPORATE
Chinese conglomerate confirms plans to invest in Lithuania
On Tuesday, China Merchants Group (CMG), a Chinese state-owned transportation, logistics, real estate and financial conglomerate, confirmed that it will continue with plans to invest in Lithuania, Verslo Žinios reports. […]
CORPORATE
Lithuanian teachers second-worst paid in Europe
School teachers in Lithuania and Latvia are the least earning educators in Europe, according to an updated European Commission report. […]
CORPORATE
US looks to tip balance of military power in Baltics
Russia‘s intensifying military activities have forced NATO to respond in kind, with the Alliance saying it will conduct more military exercises in Europe, and the United States promising to deploy far more equipment and forces in Europe. In 2017, Washington is setting aside $3.4 billion for Europe’s defence, but this might turn out to be just the tip of the iceberg. […]
CORPORATE
CORPORATE
Global Finance names Šiaulių bank best bank in Lithuania
Šiaulių bankas was rated as the best bank in Lithuania in 2015 by the international business and financial magazine Global Finance which has been listing the best banks of the Central and Eastern European growing markets for 23 years. […]
CORPORATE
No law on euthanasia during this parliament‘s term
A new law on euthanasia will not be discussed in the term of office of this parliament after once again Social Democrat Marija Aušrinė Pavilionienė‘s bill was removed from the agenda of the session. […]
CORPORATE
Labour Party proposal to fix milk prices draws criticism, including from dairy producers
Lithuania’s Labour Party, whose delegate, Virginija Baltraitienė, is currently serving as the Minister of Agriculture, has proposed a controversial law to protect dairy producers that has critics, even those in the dairy industry, scratching their heads. […]