Lithuanian president criticizes government for trying to rescue state-owned shipping company
President Dalia Grybauskaitė says that the government’s decision to rescue Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL) from bankruptcy at the expense of dividends from Lietuvos Geležinkeliai (Lithuanian Railways) is a short-term solution, adding that the transport minister and the prime minister are responsible for the poor situation the state-controlled dry bulk operator is in. […]
