Across Europe all eyes have been on Poland‘s conservative Law and Justice Party since they dramatically swept back into power. After securing a majority in the Polish parliament, the party swiftly put their power to use, launching controversial reforms of the country’s Constitutional Court and increasing control over state media, in the process drawing comparisons with Viktor Orban’s Hungary. […]
Icelandic policy economist and diplomat Jon Baldvin Hannibalsson and Rensselaer Polytechnic Institute Professor Michael Shure have received Vilnius University honorary doctorates. […]
Negative interbank interest rates are making life easier for Lithuanian borrowers, both consumers and businesses, but Lithuania’s financial experts are worried that it may create another financial crisis and could be sign of a coming economic downturn. […]
Orlen Lietuva profits jumped to €217 million last year after a loss of €109 million in 2014 yet the company paid significantly less in taxes Lithuania last year than it did in 2014. […]
Falling opinion poll ratings for Lithuania’s president and an upcoming election are likely be the reasons why President Dalia Grybauskaitė has become increasingly critical of the current government of Algirdas Butkevičius, according to a leading analyst. […]
Growing consumer demand in Lithuania and the Baltic States is pushing developers to build bigger and bigger shopping centres throughout the three countries. […]
A Russia Aeroflot Airbus plane was seen circling above Lithuania, causing locals to wonder what was happening given that the Russian company does not have scheduled flights arriving or departing from Kaunas airport. […]
The highest monthly salary in Lithuania last year hit €250,000 with about 200 people earning into the tens of thousands monthly according to TV3 news. […]
Lithuanians are spending more and more on shopping, ranking third in Europe for growth in consumer expenditure despite the fact that Lithuania has the smallest amount of shopping or retail space per head of population in Europe. […]
Stronger growth in the Eurozone and a stabilising international environment, supported by strong domestic consumption should boost Lithuanian businesses in 2016, according to Swedbank. […]
Fringe online media outlets in Lithuania, often embracing ideas that match those of the state-controlled Russian media, have long been cooperating and sharing information among themselves. Experts say that now they are mobilizing behind politicians who are trying to win power. […]
Lithuanian exports grew by 2.6% last year, excluding oil products, despite the Russian embargo on many Lithuanian goods, with exports to Russia falling by more than 50%. […]
Volkswagen group has informed owners of its vehicles in the Baltic countries that the company is about to launch correction procedures on diesel car models associated with the recent emissions scandal. […]
Lithuanian border guards have already detained a range of illegal immigrants from Syria and Lebanon but the path into the EU through Lithuania is still relatively undiscovered according to Dainius Dautartas, a Major in the State Border Guard Service Major. […]
On Thursday Lithuanian Algirdas Butkevičius is leaving for a week-long official visit to India and while it should be a journey in search of new markets for Lithuanian companies, there is not a single entrepreneur accompanying the prime minister on the visit. […]
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