Lithuania’s much-contested state forest management reform is not a matter of confidence in the government and it will be carried out in one or another way, Prime Minister Saulius Skvernelis said on Tuesday. […]
Edita Janušienė, currently chief auditor at the central Bank of Lithuania, has been selected to head the country’s State Tax Inspectorate (STI) for the next four years. […]
Buying or selling real estate is one of the most important financial decisions we will ever make. But it’s so much more than that, it’s the place where we will potentially raise our family, share good times and bad, watch our children grow and watch ourselves grow older. The buying or selling of real estate is, in a very real sense, trading the crucible of our dreams. […]
Lithuanian President Dalia Grybauskaitė on Friday accused the government of “political arrogance” in carrying out reforms and called for the new Labor Code to be improved in workers’ favor. […]
The Lithuanian government’s decision to divide the country into two separate regions to obtain more funds from the EU after 2020 may fail to bring the expected benefits, a senior European Commission official warned in an interview with BNS. […]
Lithuania could become a member of the Extreme Light Infrastructure Delivery Consortium (ELI-DC) by the end of this year, Economy Minister Mindaugas Sinkevičius said. […]
EU leaders on Friday asked the European Commission to examine the possibility of screening investments from third countries, particularly from China. […]
In Los Angeles, Minister of Economy Mindaugas Sinkevičius visited one of the most advanced global companies — Hyperloop One — which is engaged in creating a new generation transport system. At the meeting, the company’s representatives presented the technology and vision they are working on: to connect Scandinavia and the Baltic States as well as Poland and Germany via the Hyperloop One transport corridor; they also proposed that Lithuania could participate in this process Ministry of Economy reported. […]
Lithuania’s Transport and Communications Minister Rokas Masiulis and Vilnius Mayor Remigijus Šimašius say that prices for taxis working at the Vilnius airport could be regulated, saying that a trip to the city center could cost 8-9 euros. […]
Lithuanian Prime Minister Saulius Skvernelis said on Wednesday that he saw no signs of crisis after Ramūnas Karbauskis, chairman of the ruling Lithuanian Farmers and Greens Union (LFGU), mentioned earlier in the day that another global economic crisis might be on the way. […]
Lithuania aims to generate 100 percent of its electricity domestically in the future, with 80 percent of the total power demand to be met using renewable resources, according to a draft new National Energy Strategy. […]
Lithuania is not immune from the winds of change and the draughts of populism that are blowing across Europe, says Robertas Dargis, a prominent entrepreneur and the president of the Lithuanian Confederation of Industrialists (LPK). With his insightful overview of the country’s economic outlook, Mr. Dargis concluded the European Business Network’s season of monthly breakfast events. […]
After about 100 employees of forestry companies and representatives of trade unions gathered outside the Lithuanian parliament on Wednesday in protest of the planned reform, Parliamentary Speaker Viktoras Pranckietis announced that the approval of the reform would be postponed until fall. On Wednesday morning, he had said the amendments would be adopted during the parliament’s spring session. […]
Lithuanian politicians and businesses hope that the United Kingdom will remain open and part of the single market after it leaves the European Union, but they also prepare themselves for a “hard Brexit” scenario, the business daily Verslo Zinios reported on Tuesday. […]
Lithuania this year lost four positions and ranks 40th among 127 countries in the latest Global Innovation Index released by the World Intellectual Property Organization (WIPO). […]
The district of Jurbarkas, which borders the Russian exclave of Kaliningrad, is to return almost 1 million euros in EU funds to the Lithuania-Poland-Russia Cross-Border Cooperation Program, the daily Lietuvos Zinios reported on Friday. […]
Prices for food and non-alcoholic beverages in Lithuania last year were among the lowest across the European Union (EU), figures from the EU statistical office Eurostat showed on Thursday. […]
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