CORPORATE

Shortage of IT specialists to hit 10,000 in Lithuania by 2020

IT specialists will continue to be the most sought-after employees in Lithuania to 2020 and beyond as skills shortages continue in the key sector. […]

CORPORATE

Border police detain Finnish citizen and illegal immigrant from Iraq

Lithuanian border police arrested an illegal immigrant from Iraq and a Finnish citizen allegedly trying to smuggle him through Lithuania on Friday. […]

The world
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Lithuania forming new diplomatic relationships, but hurdles remain

Lithuania has been seeking to expand the number of nations it maintains diplomatic relations with by starting relationships with several distant African, Asian and Oceanic countries. However, not all countries have answered the invitations to open diplomatic relationships sent by our country, reports Lietuvos Žinios. […]

Conservative Andrius Kubilius and Social Democrat Algirdas Butkevičius (potentially) are the first two prime ministers to last all term
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New era as Lithuania’s political pendulum loses momentum

During the last two terms of the Seimas, there have been two political firsts in Lithuania: between 2008-2012, Andrius Kubilius was the first prime minister to remain in his post for his entire term since Lithuania’s independence was regained. Now, the social democrats, who have been behind the government’s wheel for the last four years, have emerged with a strong lead in the polls – also the first time this has happened since independence. […]

Kapitalbank
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Lithuanian bank operating in Russia announces bankruptcy

Bank Kapitalbank managed by Lithuanian and Latvian investors in the Rostov region of Russia have submitted a bankruptcy notice to the Arbitration Court. However, the application was adjourned until mid-March. […]