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Luminor economists forecast Lithuania’s economy to slow down in 2019, however the year will be good for reforms

December 19, 2018 EN.DELFI 0

Luminor economists forecast economy to grow at 2.7% next year in Lithuania, as external economic environment is expected to deteriorate. The GDP growth will be detained by increasingly active seismic zones in global macroeconomic landscape. Economists suggest that in the eve of cyclical slowdown, three ideas could help to prepare for slowdown, a press release from Luminor states. […]

Ramūnas Bogdanas
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Ramūnas Bogdanas. Skvernelis’ godfather Paksas visits Putin

December 18, 2018 Ramunas Bogdanas 0

When the Order and Justice party negotiated with the then still whole Social Democrats to join the latter’s’ coalition, the usual division of posts proceeded. Order and Justice received the post of minister of the interior. It turned out that among them, they lacked a politician capable of handling this difficult office; after all, this minister handles both public order matters, the police and municipalities. […]

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Government promises there will be three million of us once more, experts shrug

December 17, 2018 Media Briefing 0

The government is aiming to stabilise the demographic situation by 2021 and predicts that by 2030, we will once more become a country of three million. This is to be achieved through greater birth rates, larger return grants for returning citizens and longer life expectancy. However, migration expert Karolis Žibas notes that the emigrant attraction programmes will not work out until the country’s socioeconomic situation improves. Meanwhile, demographics expert Vlada Stankūnienė explains that the planned direct grants will not encourage larger birth rates, lrt.lt writes. […]

Saulius Skvernelis
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If Skvernelis is seeking to rally his electorate, he chose the wrong opponents

December 17, 2018 Media Briefing 0

The striking teachers are awaiting Prime Minister Saulius Skvernelis’ apology, but he does not appear intent to do so. The team assembled by the PM, which is preparing a long-term public sector wage payment project features neither striking, nor non-striking teachers. The trade union confederation chairwoman stated that the goal is the lowest earning civil servants, but teachers were not mentioned among them, lrt.lt writes. […]

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The future of Europe after Brexit: Lithuania and Germany?

December 14, 2018 Zygimantas Pavilionis 0

Next week, on 17 December 2018, the Presidential Palace will host an important international conference on the relations between Germany and Lithuania. The participants include the Lithuanian German Forum, functioning for thirteen years now and currently headed by Gabrielė Gylytė-Hein, representatives from the Ministry of Foreign Affairs, the Vytautas Magnus University, and the Vilnius Institute for Policy Analysis. Jointly, they will strive to define the strategic guidelines for the Lithuanian-German relations at a conference broadcast live via the Delfi TV. The event will also be attended by influential European foreign policy makers and a large number of entrepreneurs, academics and cultural representatives. […]

Presidential candidates' debate
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Presidential candidate discussion features pointed remarks: you want to open a gate to the East

December 14, 2018 Aleksandra Ketleriene 0

The Eastern Europe Studies Centre organised its fourth Stasys Lozoraitis Annual Lithuanian Foreign Policy Conference, which featured a debate between potential presidential candidates on Lithuania’s position with the European Union resolving fundamental political challenges. The discussion had no lack of laughter and pointed remarks exchanged. […]

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Economist Vytenis Šimkus: how much might Brexit cost Lithuania?

December 13, 2018 Media Briefing 0

The mists over the future of UK – EU relations currently still lingers. It appears that Theresa May’s cabinet is starting to completely lose control of the situation. According to political experts, the agreement she has obtained has practically no chance of receiving support in the UK’s House of Commons. The European Court of Justice introduced even more uncertainty on Monday, by declaring that the UK can unilaterally cancel the Brexit process, economist Vytenis Šimkus writes on lrt.lt. Currently all the scenarios are plausible, but what could each of them means for the Lithuanian economy? […]

Virginijus Savukynas
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Virginijus Savukynas. A bag full of holes that is the education system

December 12, 2018 Virginijus Savukynas 0

The teachers’ strike is a good thing because it encouraged to take interest in what is going on in this system. And a number of factors emerged. It turns out that Lithuania finances this sector quite well. […]

Saulius Skvernelis
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Analyst: the prime minister does not comprehend he is not a police general in Venezuela

December 10, 2018 Media Briefing 0

It is unlikely Prime Minister Saulius Skvernelis expected that a protest of discontent teachers over their wage payment scheme would turn into a protest of thousands in front of the cabinet building. It is now the prime minister’s turn to ponder on how to come to terms with the public sector, otherwise who knows what could happen, the dismissed ministers may not suffice and his own future in the cabinet could come into question. Because assurances that the tax reform will improve public sector staff welfare over three years may very well not work, lrt.lt writes. […]

Romas Lazutka
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Romas Lazutka. Who is it that rules us and does Tapinas impact them?

December 10, 2018 Romas Lazutka 0

If you think that it is politicians that rule us, you are mistaken. They do not rule, instead they have been bickering for two years, if not over fur coats, then over the budget. And neither the fur coats, nor the budget is theirs. The fur coats belong to Greta, the budget – to Vilius [Šapoka]. As for ruling, that’s only by the hired prime minister and finance minister from uber. Neither of them is a politician by personal choice. The prime minister at least did his work for the party during the elections, while the minister of finance is akin to having been summoned from nowhere through the taxi app. […]

Bundestag
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Green Wave in Europe – A New Hope Or ….?

December 7, 2018 Egidijus Vareikis 0

Deutsche Welle, German news broadcaster, called the “Grunen”, the most successful Green Party of all times in the world. What’s more, they named them the greatest political winners of recent times, although the Christian Democratic Union – CDU – has recently won local elections with its allies and subsidiary policy creatures. […]

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Noise regarding Scandinavian banks. Are there really too many in Lithuania?

December 7, 2018 Media Briefing 0

Almost fifty Lithuanian and foreign capital banks have worked in Lithuania since 1989. There have been German, Irish and Polish banks, which eventually withdrew from the country or went bankrupt, Association of Lithuanian Banks president Mantas Zalatorius recalls. More competition would only benefit Lithuania, he believes, thus there is need for an ever more appealing investment environment. Meanwhile, economist Romas Lazutka says that it is difficult to enter the small oligopoly bank market in Lithuania, lrt.lt writes. […]

Dalia Grybauskaitė
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R. Lopata: it could appear that we have become a presidential republic

December 6, 2018 Media Briefing 0

Lithuanian foreign policy is weakened by the fact that all the powers of its formation and implementation are focused in one location – the institution of the president, while its other centres – the cabinet and Seimas are passive, political scientist Raimundas Lopata tells lrt.lt. “Lithuania is a unique country, whose prime ministers do not go to Brussels. It could appear to some that Lithuania has become a presidential republic,” the professor is quoted by lrt.lt. […]

Indrė Makaraitytė
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Indrė Makaraitytė. This government deserves a strike. As do the Conservatives

December 5, 2018 Indre Makaraityte 0

A teachers’ strike is raging in Lithuania even though Saulius Skvernelis had to sacrifice Minister of Education and Science Jurgita Petrauskienė. […]