Lithuanian economists and business groups have noticed a trend among shoppers: Lithuanians are beginning to turn their backs on large supermarkets in favour of smaller shops and markets. […]
The International Monetary Fund (IMF) has said Lithuania needs to carry out structural reforms to its credit unions sector. Lithuania‘s central bank said the IMF in its latest report on Lithuania said that the country’s […]
The state-run Lithuanian Railways saw its freight traffic increase by 2.7% in the first four months of the year, handling a total of 15.254 million tons of freight according to new data from Statistics Lithuania. […]
Eligijus Masiulis, who stepped down as the leader of Lithuania’s Liberal Movement party in the wake of corruption suspicions, has seen his opinion poll ratings plummet. […]
The former Vilnius mayor and city council member Artūras Zuokas has claimed that Vilnius needs a new video surveillance camera system with over 100 cameras across the city. Vilnius is probably the only EU capital […]
It is still anybody’s guess how voters will react to the corruption scandal of former Liberal Movement chairman Eligijus Masiulis. Until the scandal broke, polls showed the Social Democratic party, the Liberal Movement and the […]
Lithuania intends to follow in the footsteps of other European countries in strengthening the protection of its population against a possible nuclear accident. Residents of 14 municipalities nearest the new Belarusian nuclear power plant would […]
With elections in the offing, many of Lithuania‘s political parties are already mired in debt despite receiving large state subsidies, according to the Central Electoral Commission. The Liberal Movement ended 2015 in the worst financial […]
Agriculture has proven fertile ground for innovators and developers of smart solutions as well as investors eager to put their money into new technology. However, Lithuanian startups have so far shown little interest in the field. […]
Pumping EU money into Lithuania’s regions to try and reverse their declining fortunes may be creating a false economy and will not lead to a longer term solution to demographic decline and declining investment and […]
The controversy surrounding an alleged €100,000 payment to former Liberal Movement leader Eligijus Masiulis has been a disaster for his ratings but the party itself with new leadership could do even better in upcoming elections, […]
The Social Democratic Party of Lithuania promised to increase the tax-free income of workers and create an additional €200 per child credit for all workers as they launched their election platform for the upcoming elections. […]
Lithuania is finishing the reconstruction of a stretch of the Via Baltica highway – as part of the European route E67 from Prague to Helsinki is known – near Kaunas. However, there are no funds […]
Lithuania‘s Kruonis pumped storage power plant was activated again on Wednesday night to provide an emergency power supply when the electrical interconnection with Sweden, NordBalt, was disconnected, . The pumped storage plant maintained electricity supply […]
Lithuania’s largest organic agriculture group Agrowill Group plans to attract €20 million of investment to become the largest and most advanced organic farm in Europe. Agrowill Group board chairman Kęstutis Juščius said that currently the […]
State-owned Lithuanian Railways has failed to reach an agreement with the Lithuanian unit of Poland’s biggest oil group Orlen to end their protracted dispute over freight tariffs. “The deadline for the negotiations and Lithuanian railway’s […]
Akropolis shopping malls have changed hands within VP Group after Vilniaus Prekyba took them over from a Maltese company in a €400 million deal despite opposition from a shareholder. The three shopping malls in Lithuania, […]
The recommendations submitted to Lithuania by the European Commission are largely the same as they’ve been over the last few years, pointed out Swedbank economist Nerijus Mačiulis. According to him, this shows that Lithuania’s reforms […]
Lithuania’s Tripartite Council has said it approves of government plans to raise the minimum monthly wage from July 1. “Last year the Tripartite Council has discussed the minimum monthly wage question for 2016 and it […]
The combined annual inflation in Lithuania in April was one of the highest among the 28 European Union countries and only lower than in Sweden and Belgium, Eurostat data released on Wednesday shows. “The rate […]
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