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Liberals overtaking conservatives as leading centre-right party
The liberals are emerging as the leading centre-right force in Lithuania’s political field, overtaking the conservatives who have long been the go-to party for right-leaning voters. In the last general elections of 2012, the conservative […]
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Property prices in Vilnius still over 30% below pre-crisis peak
Property prices in Vilnius are still 38.7% below their pre-crisis peak before a housing bubble burst with the financial crisis, only Tallinn of the Baltic capitals has seen its prices recover to near pre-crisis levels. […]
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Auction politics: Lithuanian parties compete to promise highest minimum wage
With parliamentary elections getting closer, the Lithuanian Social Democratic Party, the Homeland Union – Lithuanian Christian Democrats (TS-LKD) and the Labour Party have all promised to raise the minimum monthly wage during the next parliamentary […]
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What would Lithuania gain from TTIP?
The transatlantic trade and investment partnership contract (TTIP) would open up markets, reduce bureaucracy and costs and increase competition which would bring benefits to the Lithuanian consumers, according to political scientist Ramūnas Vilpišauskas. However, he […]
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Head of Lithuanian central bank says he worked with offshore companies lawfully
Vitas Vasiliauskas, chairman of the board of the Bank of Lithuania, has admitted to representing numerous offshore companies but also said that he did not open any accounts and did not break any laws. Speaking […]
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What do Lithuanian opinion formers think about a possible Brexit?
British voters are hitting the polls in six weeks to decide whether their country should stay or leave the European Union. The effects of Brexit would be felt throughout the 28-country block, so the EU and countries like Lithuania should also unobtrusively contribute to the debate in Britain, Lithuanian experts say. […]
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Brexit’s biggest effect on Baltic States ‘would be political not economic’ – Swedbank
A new analysis by Swedbank of the effects of a Brexit on the Baltic States found that there would be little impact on trade but that the biggest impact would be a more divided Europe […]
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New giant turbine wind farm to supply 12% of Lithuania’s wind power
Estonian renewable energy company Nelja Energia has begun energy production at its 60MW wind farm in Šilutė in the south west of Lithuania, its biggest wind farm in the Baltic States. The wind farm will […]
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Lithuanian national gas trading company nets €4m profits
Lithuania’s national gas trading company Litgas has made a profit of €4.9 million on revenues of €209 million in 2015. The company, which is a subsidiary of state-owned Lietuvos Energija (Lithuanian Energy) started to sell […]
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Blocking Belarusian nuclear plant electricity ‘requires Baltic collaboration’
Lithuania’s Parliamentary Energy Commission met to discuss a study on the technical means to restrict electricity produced at the Astravyets nuclear power plant from entering Lithuania. The authors of the study said all the investigated […]
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Astrvayets nuclear plant will be built despite Lithuania’s protests – expert
Holding rallies against Astravyets Nuclear Power Plant and threatening boycotts on Belarusian electricity is too late, a Lithuanian expert says. The facility just 50 kilometres from Vilnius will be built and Lithuania should focus on […]
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Lithuanian politicians accuse Brussels of ‘Soviet behaviour’ on refugee rules
Lithuanian politicians have criticised the reform of the EU asylum rules proposed by the European Commission last week which would see EU member states fined for refusing to shelter the refugee, accusing the European Commission […]
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Poland’s war on democracy
A war being waged between the current Polish government and the country’s Constitutional Court is undermining the country’s democracy and rule of law according to leading experts. […]
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Audit to assess whether Lithuania has too many public servants
The National Audit Office is carry out a audit on whether Lithuania has too many civil servants and whether money is being wasted on employing too many public officials. There are 14 government ministries in […]
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Lithuanian salaries to grow strongly this year
The average salary in Lithuania this year will grow by 7% and next year by 6%, according to SEB Bank economist Gitanas Nausėda. The economist said that the wage growth is now especially visible in […]
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Lithuanian government to spend €1m on making homes energy efficient
The Lithuanian government is calling for applications from home owners who want to make their houses energy-efficient. The funding will be available to owners of one or two-household residences. They will be able to use […]
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How big is Lithuania’s black market?
The black market in Lithuania shrank by 1% in 2015 to 25.8% and shrank by 5% over the last decade (from 31.1% in 2005). Currently, Lithuania’s black market is smaller than Estonia’s (at 26.2%). However, […]
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Time to break silence on domestic violence – Swedish Ambassador to Lithuania
It is time to break the silence around domestic violence in Lithuania said the Swedish Ambassador to Lithuania Cecilia Ruthström-Ruin as she launched an exhibition about women stories of domestic violence. “I think it is […]
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Latvia calls on Lithuania to speed up Rail Baltica
Latvia‘s minister of transport has urged Lithuania to pick up pace on implementing the European-gauge Baltic railway project Rail Baltica. Uldis Augulis met with Lithuania’s ambassador in Riga last week, telling him that the project […]