At the conference Verslas 2016 (Business 2016), Prime Minister Algirdas Butkevičius introduced the Government’s economic policy priorities for the upcoming year. The priorities include: continuation of the systematic reform of the energy sector, strengthening of the domestic market, mitigation of tax burden on the lowest earners, minimum wage growth and remuneration increase in certain sectors. […]
DELFI, in cooperation with the magazine Reitingai and pulbic opinion pollster Spinter Tyrimai, has put together lists of Lithuania’s most influential people in various fields of activity. […]
Lithuania’s Ministry of Environment will submit the requirements via the European Commission with a view to ensuring that no genetically modified (GM) crops are grown in Lithuania. This ban will be in force throughout the territory of the country, the ministry reports. […]
President Dalia Grybauskaitė attended the inauguration of the Nasdaq technology and business support competence centre as well as a new office of the stock exchange Nasdaq Vilnius and the Lithuanian Central Securities Depository in Vilnius, the presidential press service said. […]
Between January and September 2015, real estate developers sold 2,650 new apartments in Vilnius, 8 percent more compared with the same period last year. Supply in a year grew 26 percent, to 4,200 apartments. […]
Lithuanian Prime Minister Algirdas Butkevičius has presented the Lithuanian Confederation of Industrialists (LPK) with the Government’s plans of enhancing the country’s competitiveness and attractiveness to businesses. […]
On Thursday, 8 October, Lithuania received the first part of a loan from the European Investment Bank (EIB), EUR 300 million. Lithuania will pay 1.51 percent annual interest which has been fixed for the duration of the loan, i.e., 25 years. […]
Lithuanian President Dalia Grybauskaitė together with King Carl XVI Gustaf of Sweden, who is on a state visit in Lithuania, attended the Swedish Business Awards Ceremony on Thursday. […]
On Wednesday at the Government Office, representatives of Klaipėda State Seaport Authority and logistics services company VPA Logistics signed a letter of intent over development of cooperation with China Merchants Group (CMG), one of China’s state-owned port operators. […]
Lithuanian institutions are looking into possible environmental impact of Volkswagen diesel cars after the German carmaker was exposed to have been falsifying emission test results. Volkswagen representatives in Lithuania have so far refrained from commenting on the scandal, but they have assured that the cars are safe and good to use. […]
IT and telecommunications company Teo is purchasing the Lithuanian mobile service provider Omnitel from its current shareholder TeliaSonera, Teo said in a statement. […]
During the summer of 2017, from 14 July to 18 August, Vilnius Airport will be carrying out reconstruction of the runway. Aircrafts will not be landing in Vilnius and communication with Lithuania will be ensured through other air gateways, most of the airlines are planning to move their flights to Kaunas and Palanga for this period. […]
After the Finance Ministry has submitted proposal for the 2016 state budget, which envisages a slightly bigger fiscal deficit than this year, the National Audit Office says this raises the risk for long-term sustainability of government finance. President Dalia Grybauskaitė warns that Lithuania might exceed the limit provided by the EU’s fiscal compact. […]
Dr. Eugene Emmer, owner of RehaDesign Wheelchair Accessories of Vilnius, Lithuania, recently announced the launch of ‘Wheelchair Socks’, an innovative cover for wheelchair casters, the small front wheels on wheelchairs. The launch of Wheelchair Socks comes after years of requests from wheelchair users. […]
The survey of members of the American Chamber of Commerce has shown that 58.4 percent of the respondents from major United States companies operating in Lithuania are unhappy with the current migration system in the country and regard it as poor or very poor. […]
On Friday, the Baltic Assembly‘s (BA) Economics, Energy and Innovations Committee and Natural Resources and Environment Committee will convene in Kaunas to discuss the influence of the Russian embargo and the regulation of genetically modified organisms (GMO) in the Baltic states. […]
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