Lithuania, together with Poland, Romania, Bulgaria, the Czech Republic and Hungary, are the European Union countries where food costs the least. However, it is still more affordable to the Danes who pay the highest price […]
The purpose of a labour code is to distribute risks of possible crises between employers and employees and Lithuania’s new Labour Code draft disproportionally favours employers, said Sweden’s Linköping University professor emeritus Charles Woolfson. Woolfson, […]
The Lithuanian parliament has adopted amendments to the Law on Referendum, simplifying rules for citizens’ legislative initiatives. Groups who wish to call a referendum will be able to collect citizens’ signatures online. Moreover, they will […]
On Tuesday, a delegation of 10 truck drivers from the Lithuanian National Road Carriers organisation Linava joined an international protest outside the European Commission‘s headquarters in Brussels against new protectionist EU laws which carriers say […]
Lithuania is planning to open a trading house for Lithuanian products in China‘s city of Ningbo. The exhibition hall would be used for Lithuanian businesses to present their products, to look for trading partners, to […]
Lithuania’s industrialists criticised the new state energy strategy for a lack of investment attraction measures that would improve Lithuania‘s competitiveness and economic development. Minister of Energy Rokas Masiulis agreed that the burden on the industry […]
The European Union has allocated €16 million for joint cross-border cooperation projects between Lithuania and Russia, but the money will be available only if Lithuania submits an application to the European Commission by the end […]
Last year 90 people died of drug overdoses in Lithuania. Although Lithuania leads the EU in overdose-related deaths, the country has failed to adopt other countries’ best practices. Lithuania suffers from the highest numbers of […]
Lithuania would not feel the effects of the Kaliningrad liquefied natural gas (LNG) terminal within the next decade because Russia is contractually obligated to pay Lithuania for pipeline access regardless of whether or not the pipeline is used, said Minister of Energy Rokas Masiulis. […]
On Friday, Statistics Lithuania released updated data on alcohol consumption in Lithuania which in 2015 was 14 litres of pure alcohol per person. The figure has been calculated using updated methodology and shows lower alcohol […]
The wireless technology company LigoWave is planning to establish an office in Vilnius Tech Park. LigoWave will become the first hardware company in the Tech park and will have 63 employment positions as well as […]
Few Lithuanian employers would we willing to hire refugees. Reluctance to deal with unfamiliar working cultures and differing attitudes towards work is one of the reasons, but companies that have experience of hiring migrant workers say Lithuania needs to open up its labour market to make up for the shortage of skills at home. […]
Passenger numbers in Lithuania’s Palanga Airport have nearly doubled after LOT, Wizz Air and Ryanair launched new flights from the Baltic coast resort. Airports Council International data on airport passenger statistics from April shows that […]
Economist Gitanas Nausėda says that not only Lithuania‘s exports would suffer after Brexit, but so would its real estate and retail markets as a result of Lithuanian expatriates sending less money they make in the […]
Half of all Lithuanians are taking on additional work to supplement income from their main job, according to a survey. Fifty percent of Lithuanians said they had some source of additional income over the last […]
Over the first quarter of this year, labour costs grew by 6.1% compared to the same period last year. Statistics Lithuania reported that labour costs for business companies grew by 7% during the same period. […]
Minister of Energy Rokas Masiulis will present the Lithuanian Confederation of Industrialists with the country’s energy strategy. The industrial organisation has previously complained that the strategy’s approval is being delayed and that it is not […]
The Liberal Movement‘s ratings nose-dived following revelations that its leader is suspected of bribe-taking and influence peddling. Experts say, however, there is still a chance for Lithuania’s liberals to recover before October’s elections. […]
First quarter’s foreign trade of Lithuanian businesses has been equal to 40% of last year‘s volumes, shows the latest analysis by the Confederation of Industrialists, the country’s biggest business association. Analysts point out several trends […]
Lithuanian Banking Association says that people in the country are borrowing far more actively this year than in 2015. Lithuanians are also more using bank cards more actively, even though cash remains the most popular […]
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