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European Union

Lithuania to help look for refugee problem solution, foreign minister says

Lithuania will look for ways to contribute to the EU and the international community’s efforts to resolve the refugee problem, the country’s Minister of Foreign Affairs Linas Linkevičius said on Monday in Luxembourg during a Foreign Affairs Council meeting. […]

European Union

Dilemma of EU neighbourhood policy: Mediterranean vs. Eastern Partnership

The European Neighbourhood Policy (ENP) is the instrument through which the European Union (EU) aims to create bonds between its Member States and the countries at the boundaries of the EU and thus secure the stability of the European borders. The EU stipulates Association Agreements offering financial support and other advantages in exchange for a commitment to implement reforms. There are two action plans within the ENP: the Union for the Mediterranean (UfM) and the Eastern Partnership (EaP). […]

Alexis Tsipras and Vladimir Putin
European Union

Lithuanian foreign minister: I hope Greece understands its commitments

Greece, which organized a top-level visit to Russia, must meet its commitments to Western organizations in order to secure solidarity from the European Union (EU) on financial support, Lithuania’s Foreign Minister Linas Linkevičius says. […]

Euros
Economy

In 2014, hourly labour cost in Lithuania stands at EUR 6.5

In 2014, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be EUR 24.6 in the European Union and EUR 29.2 in the euro area. However, this average masks significant gaps between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (EUR 3.8), Romania (EUR 4.6), Lithuania (EUR 6.5 or LTL 22.3) and Latvia (EUR 6.6) and the highest in Denmark (EUR 40.3), Belgium (EUR 39.1), Sweden (EUR 37.4) and Luxembourg (EUR 35.9), Eurostat, the statistical office of the European Union reports. […]

Michel Sapin
European Union

Grexit would be catastrophe – French FinMin in Vilnius

Greece’s exit from the eurozone would amount to a catastrophe, French Finance Minister Michel Sapin said in Vilnius on Friday, hoping that Athens will soon reach agreement with its creditors. […]

MEP Gabrielius Landsbergis
European Union

Landsbergis’ report calls for open condemnation of Russia’s aggression in Ukraine

Lithuanian MEP Gabrielius Landsbergis has drawn up a draft report on EU-Russian relations, openly condemning Russia’s aggression in Ukraine, calling on the EU to put pressure on Russia more actively to make it comply with international commitments, and also taking measures against Russian propaganda and wish to divide Europe. […]