The government has given the go-ahead for Lithuanian tax authorities to start scrutinising Lithuanians’ bank accounts for tax evasion and unaccountable sources of income as the State Tax Inspectorate also announced all citizens had until the end of June this year to declare all gifts and undeclared loans since 2004 used to make purchases of over €15,000 or face a retrospective tax of 15% on the gifts. […]
Neringa, the municipality located on Lithuania’s picturesque Curonian Spit, has become a Mecca for the country’s rich and famous. However, second home owners, who spend most of the year in Vilnius and other major cities, are a mixed blessing for the beautiful region. […]
Klaipėda seaport reached an all-time record level shipping traffic last year of more than 38 million tons and this year is still holding its leadership position as traffic declines at other Baltic sea ports. […]
On Wednesday, the ruling parties in parliament voted down the opposition’s proposed agenda and blocked the possibility of an extraordinary parliamentary session to consider impeaching Labour Party MP Vytautas Gapšys as well as opening the floor to discussion of other recent scandals that have afflicted the ruling Social Democrats. […]
Three candidates are in the running to replace former Healthcare Minister Rimantė Šalaševičiūtė who stepped down from her position three weeks ago. […]
International companies like Google are making deeper inroads into the economies of the Baltic states, but they still choose to pay taxes in European Union countries with more favourable tax conditions. […]
Lithuania has submitted an application for nearly €197 million in funding from the EU to finance the Rail Baltica project that will connect the Baltic States railway systems with Western Europe. […]
Vilnius University‘s A. J. Greimas Semiotics and Literary Theory Centre has launched an electronic dictionary of literary terms, a cooperation of faculty and doctoral students. […]
Lithuania and Saudi Arabia intend to sign an agreement on cooperation across a range of areas in late February. […]
New gas tanker with Statoil natural gas reached the Klaipėda LNG terminal yesterday on Independence day, marking a new phase in Lithuania’s move away from dependence on Russian gas supplies. […]
The Restoration Parliament Chairman Vytautas Landsbergis has called on all Lithuanians to unite in opposing the Astravyets nuclear power plant being constructed in Belarus in his speech to mark February 16. […]
The Russian Prime Minister Dmitry Medvedev’s statements about a second Cold War and Moscow‘s talk of cooperation have to be seen as cover for its military actions in Syria and Ukraine, said Lithuanian Defence Minister Juozas Olekas. […]
On February 11, 1991, Iceland was the first country to recognize Lithuania’s independence, and Iceland‘s Foreign Affairs Minister at the time Jon Baldvin Hannibalsson said it showed that small countries coming together could exert real influence on the international stage. […]
A proper clean-up of the Social Demcratic party following a raft of recent scandals could cost the Social Democrats the upcoming parliamentary elections, according to Vincentas Vobolevičius, the head of politics at ISM University of Management and Economics. […]
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