Lithuania should seek settlement with Poland over the dismantled railway tracks, as peaceful settlement would give an impetus to investments by Poland’s PKN Orlen concern in the utility in Mazeikiai, northern Lithuania, and facilitate the implementation of energy and transport projects, says Tomasz Furman, reviewer for the Polish daily Rzeczpospolita. […]
Prominent German engineer and economist Klaus Martin Schwab, the founder of the World Economic Forum in Davos, is visiting Lithuania this week. […]
The Lithuanian government’s proposal to raise the excise duty on tobacco products next year is a result of the efforts to improve public health rather than generate more budget revenue, says Finance Minister Vilius Šapoka. […]
Lithuania’s Prime Minister Saulius Skvernelis says that people are more sensitive about inflation than they should be, adding that the price hike would not be steep enough to outdo growing salaries. […]
Lithuania will grant more money to the State Security Department next year. As compared with this year, the 2018 funding to the department will grow by over 12 million euros, the actual increase is 2.2 million euros, says the department’s spokeswoman. […]
The minimum monthly salary will grow by 20 euros to 400 euros in Lithuania starting next year, under the proposal approved by the government on Wednesday. The move will require 16.2 million euros from the state budget. […]
Lithuania’s government on Wednesday gave the initial backing to the 2018 budget draft, which is for the first time projected to feature a surplus in public finances, Prime Minister Saulius Skvernelis told a news conference.
The revenue of Lithuania’s 2018 state budget, including money from the European Union (EU) and other international organizations, should increase, while the planned budget deficit should be lower than projected for this year. […]
The budget surplus of the Lithuanian state-run social insurer Sodra should be 218.3 million euros next year, which is an increase by 55 percent, or 77.2 million euros, from this year’s projected 141 million euros, according to the Sodra 2018 budget draft to be presented to the government on Wednesday. […]
The 2018 budget draft will be submitted to the Lithuanian government on Wednesday as the first budget with a projected surplus of public finances. […]
Lithuania’s government decided to keep the reduced 9-percent tariff of the value-added tax (VAT) on centralized heating and give up the plans of introducing a new tariff of 15 percent. […]
After European Commissioner Margrethe Vestager stated that Lithuania could have avoided the 28-million-euro fine for its state-run company Lietuvos Geležinkeliai (Lithuanian Railways, LG) until the last minute, LG CEO Mantas Bartuška says that Lithuania’s last offer on the solution to the Renge issue had been made in March. […]
Lithuania could have found a solution until the last minute and avoid the 28-million-euro fine for its state-run company Lietuvos Geležinkeliai (Lithuanian Railways, LG), the European Union’s (EU) Competition Commissioner Margrethe Vestager said in Vilnius on Tuesday. […]
The problem of the dismantled Renge railway stretch between Mažeikiai, northern Lithuania, and the Latvian city of Renge can be solved by rebuilding the line, says the European Union’s (EU) Competition Commissioner Margrethe Vestager, adding that there are other solutions, as well. […]
Separation of operations of the state-run railway company Lietuvos Geležinkeliai (Lithuanian Railways, LG) is one of the ways of solving the competition offense, which led to a fine of nearly 28 million euros from Brussels, says the European Union’s Competition Commissioner Margrethe Vestager. […]
The European Union’s (EU) Competition Commissioner Margrethe Vestager has so far refused to comment on the possibilities for European countries to get compensations from Russia’s Gazprom gas concern over past overcharging for gas, saying she did not know when the European Commission would complete the Gazprom anti-monopoly survey on its operations in Central and Eastern Europe. […]
Lithuania’s Prime Minister Saulius Skvernelis says that the country would search for the least unprofitable solution over the nearly 28-million-euro fine imposed on state-run company Lietuvos Geležinkeliai (Lithuanian Railways, LG) by the European Commission, however, a conflict with Brussels will be avoided. […]
Margrethe Vestager is meeting with Lithuanian leaders in Vilnius on Tuesday to discuss the fine of almost 28 million euros on Lietuvos Geležinkeliai (Lithuanian Railways, or LG) for dismantling a railway stretch to Latvia. […]
Lithuania’s 2018 state budget will be a surplus, and its spending will grow from this year, says Finance Minister Vilius Šapoka, however, refusing to specify any budget-related figures. […]
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