The Ministry of Foreign Affairs has revealed a survey indicating that 40% of Lithuanian emigrants would like to return to Lithuania. LRT spoke to Swedbank chief economist Dr. Nerijus Mačiulis for his take on these […]
Biotechnology Institute Professor Virginijus Šikšnys will become the first Lithuanian to get the Nobel Prize, according to a leading expert in the field. […]
Real estate experts claim that more and more people in Kaunas are moving from the suburbs to the city’s centre, a trend that previously had only been seen in Vilnius. In the beginning of the […]
Lithuanian State Nuclear Power Safety inspectors say that there is no information suggesting that a possible incident at the Astravyets nuclear plant, 50km from Lithuania’s capital, could cause a risk of radiation exposure but Belarusian authorities deny the incident even took place. […]
Lithuania‘s parliament, the Seimas, accepted a proposal submitted by the government to simplify residence permit issuance procedures for start-up founders and their families on Thursday. The proposal includes the creating by the government of a […]
The majority of highly qualified workers that use the blue card system come to Lithuania to work from Russia, Belarus and Ukraine, according to lawyer Andrejus Mokšinas. Mokšinas, who was speaking at the LOGIN 2016 […]
More than a quarter of Lithuania’s economy still exists on the black market, according to the Lithuanian Free Market Institute‘s research into the country’s shadow market. The research found that Lithuania’s black market was found […]
The landing of F-22 US Raptor fighters in Lithuania last week sent a strong signal of deterrence, said Captain Michael Probasco, the US 95th Fighter Squadron pilot on LRT. “The very fact that we brought […]
The Lithuanian government is giving out €18 million to dairy farmers who say low prices have dealt a lethal blow to small farms. About 1,500 farmers will distribute the subsidy, about €80 per cow. Members […]
Lithuania’s information technology sector is frequently discussed as a growing part of the economy, attracting foreign investment, bringing the benefits of job creation and increased taxes for the state. However, director of IT solutions company […]
The beginning of this year has been successful for Lithuania’s banking sector, with most banks reporting profit growth despite historically low interest rates. Finance expert Mantas Valužis said that the good results are surprising given […]
The Lithuanian Peasant and Greens Union led by entrepreneur Ramūnas Karbauskis has announced some of their leading candidates for single-member constituencies. Public opinion and market research company‘s Vilmorus polling data from April shows that 11.1% […]
The possibility that Donald Trump could win the US presidential election is growing after essentially securing the Republican Party nomination yesterday, said former US Ambassador Žygimantas Pavilionis on Žinių radijas and that can have big […]
Russia needs to be given a clear message that interfering in NATO member states in any way is not acceptable, said German Defence Minister Ursula von der Leyen. “Russia needs to get a clear message […]
Lithuania has reported one of the biggest falls in industrial producer prices among the 28 European States in March. Industrial producer prices in March 2016 fell 6.3%, compared to March 2015, according to Eurostat data […]
The Lithuanian company Vertex, which offers SMS marketing solutions, has secured a contract from the American money transfer giant Western Union. Vertex will be conducting marketing for the American company via text messages starting this […]
Some companies in Lithuania may face a new tax through which they would be obligated to support the Competition Council (CC). Businessmen have expressed their opposition to the tax, indicating that it would twist competition […]
A number of Lithuanian entrepreneurs are pushing for Lithuania to adopt Estonia‘s approach to taxation to stop a flight of companies from the country to its Baltic neighbour. “Income tax administration in Lithuania both for […]
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