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Shortage of ammunition despite Lithuania’s new weaponry
Over the past few years Lithuania has been buying plenty of new weaponry for its armed forces, but the purchase of ammunition reserves to go with them has not kept pace. […]
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Lithuanian politicians will ‘do whatever they can get away with’ – political scientist
Many Lithuanian politicians have no moral standards at all and will do whatever they think they can get away with, with many operating in a Brezhnev way of doing things, according to political scientist Liutauras Gudžinskas who was speaking on Žinių Radijas. […]
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Marriott to invest in new hotel in Palanga
A new Marriott Hotel is to be built in the centre of Palanga by the end of 2018, with the international hotel group making a major investment in the Lithuanian resort town. […]
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Growing demand to drive up housing prices in Lithuania’s cities
The supply and demand for real estate is growing in Lithuania‘s largest cities with the movement of people from rural areas to cities increasing, drawn by higher wages. […]
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Lithuania one of the biggest energy importers in EU
Lithuania‘s dependency on energy imports in 2014 was one of the largest among the 28 European Union countries. […]
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Foreign investment in Lithuanian commercial real estate rises 6% in 2015
Foreign investment in Lithuanian commercial real estate rose 6% in the first three quarters of 2015 to hit €183 million compared to the same period last year. […]
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MP proposes VAT cuts on basic foods
A reduced value-added tax (VAT) rate should apply to basic food products, according to a new bill being proposed by a Labour Party MP. […]
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Lithuania’s demographic crisis needs to be tackled now, say economists
Demographics will soon be the biggest problem facing Lithuanian society and industry, leading economists have warned, urging Lithuanian politicians to address the massive emigration that has been draining the Lithuanian population for over a decade now. […]
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Lithuanian startup gets wind in its sails at international sailing exhibition
Lithuanian start-up SailRacer.net has attracted major interest from the sailing market with an innovative, battery-saving and comparatively inexpensive smart sail racing device that feeds data from a boat’s sensors to mobile devices to improve performance. […]
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157 HIV cases in Lithuania in 2015
In 2015, 157 new HIV cases – 115 men and 42 women, were recorded in Lithuania by the Centre for Communicable Diseases and AIDS. […]
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Saakashvili backs Abromavičius after resignation over Ukraine corruption
Governor of the Odessa region of Ukraine Mikheil Saakashvili has expressed his support for the Lithuanian-born Minister of Economy of Ukraine Aivaras Abromavičius after he announced his resignation due what he said was systematic corruption and blocking of important reforms in Ukraine. […]
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Lithuania can become global innovation economy, says Dagi
World-renowned neurosurgeon, scientist and entrepreneur Professor Teodoro Forcht Dagi believes that Lithuania can become an innovative economy on a level with other Western European countries if the relationship between science and business is strengthened and promoted by the state. […]
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Restored trade with Russian unlikely soon, says Ušackas
A restoration of trade relations between Moscow and Brussels should not be expected in the near future, said the European Union Ambassador to the Russian Federation Vygaudas Ušackas in a meeting with the businessmen of the port city of Klaipėda. […]