Lithuanian companies selling mobile phones, laptops and other electronic devices are suspected causing about 750,000 euros in damage to the state budget via value-added tax (VAT) fraud schemes, the Financial Crime Investigation Service said on Monday. […]
Talks on synchronization of the Baltic and Polish power grids can be spurred by the decision not to buy electricity from unsafe power plants, says Lithuania’s Foreign Minister Linas Linkevičius. […]
After the Lithuanian environment minister initiated restructuring of state forests, analysts say the country’s 42 state forest institutions should be restructured within the coming two years, as otherwise the reform may be left unimplemented. […]
Lithuanian Environment Minister Kęstutis Navickas proposes to establish a single enterprise to manage state forests. […]
Lithuanian President Dalia Grybauskaitė proposes legal amendments setting a limit of two five-year terms for chief executive officers of state enterprises and state-owned public and private limited-liability companies. […]
Startup DealLink.biz, a Lithuanian-built B2B open procurement platform, has successfully expanded into the Finnish and Polish markets, it announced. The company also confirmed it will start operations in Sweden in January 2017, in Denmark in March, and in Norway in May. […]
Dainoras Bradauskas, the head of the Lithuanian State Tax Inspectorate, may have committed disciplinary misconduct, the Special Investigation Service (STT) said on 4 January. […]
The Lithuanian Education and Science Ministry, together with trade unions, plans to work out by March a fixed pay model for school teachers. […]
Lithuania is in the zone of influence of Scandinavian banks, however, Russian banks also have low-key operations in the country and hand out loans to Lithuanian businesses, which Scandinavian-operated local banks are not extremely happy about and warn about risks, Verslo Žinios daily said. […]
President Dalia Grybauskaitė signed under the 2017 state budget project which already passed in Seimas. […]
The new government, it would appear, intends to start its work with harsh restrictions. Their newest idea – to ban children’s’ champagne as it supposedly is associated with alcoholism and encouraging alcohol consumption. […]
Lithuanian Environment Minister Kęstutis Navickas on Tuesday described a recent major sewage spillage into the River Nėris in Vilnius as one of the largest environmental disasters of recent years, adding that the exact damage to the environment will assessed shortly. […]
Specialized retail stores for alcoholic beverages could be opened in Lithuania in 2018, Health Minister Aurelijus Veryga said. […]
Seimas has already finished packing the Christmas gifts we will be enjoying for at least a year. However economists who are members of Seimas are in no rush to celebrate. Liberal Kęstutis Glaveckas says that […]
After opening the final stretch of the Vilnius western bypass on Tuesday, Vilnius Mayor Remigijus Šimašius said the 105 million euro section will help solve traffic jam issues in the northern part of the Lithuanian capital. […]
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