Witold Waszczykowski
CORPORATE

Little attention paid to Lithuania in Polish Foreign Affairs priorities, say analysts

Political analysts have said that the new Polish government paid little attention to Lithuania in its newly presented diplomatic priorities, that were presented by the Polish Foreign Affairs Minister Witold Waszczykowski. […]

Panel disussion at the  Estonian Chamber of Commerce in Vilnius
Economy

Mergers & acquisitions in Lithuania at slow pace in 2015

Global M&A activity grew to record levels in 2015, fuelled by some mega mergers in the pharmaceutical, energy and consumer industries. Lithuania bucked the trend with less consolidation and acquisitions than in the previous year and stood out as the least active in the corporate bond market. The findings on global and regional performance were presented by several industry experts at an event of the Estonian Chamber of Commerce on Wednesday. […]

Kaliningrad
CORPORATE

Opinion: Kaliningrad – Kremlin‘s joker in geopolitical poker game with West

The Kremlin‘s propaganda rarely shocks anymore and hardly registers as news with most people but some of it deserves attention because when a specific propaganda message is repeated over and over, it is done in an attempt to embed it in our minds as being the uncontestable truth. In the case of Kaliningrad, it has to be feared that the Kremlin‘s efforts are an attempt to incite war between the West and Russia. […]

Poland
Uncategorized

Poland becoming as unpredictable as Russia, economist says

Poland is now as unpredictable as Russia, says Swedbank chief economist Nerijus Mačiulis, adding that recent developments in Poland, which has become the second-largest export market for Lithuanian goods, may have negative repercussions for Lithuania. […]

A senior citizen in Vilnius
Economy

Indexed pensions may not help Lithuanian pensioners, whose payouts are among Europe’s lowest

Even the €8 increase in the average pension will not help pensioners in Lithuania, who receive one of the most frugal pensions in Europe. President Dalia Grybauskaitė is encouraging lawmakers to index pensions, which would make them increase together with growing average wages in the nation, and the prime minister, Algirdas Butkevičius, believes that indexing pensions would make them grow by up to 6 or 7 percent. […]

No Picture
Defence

New €5.6m military building to house foreign troops in Šiauliai

A new dormitory will be built at the Air Force Aviation Base in Šiauliai to house foreign soldiers on short stays during redeployment, exercises and for the NATO air policing mission. […]

No Picture
Opinion

Opinion: Russia strengthens military forces to send message to Baltic States

Russia reported a significant strengthening of military forces in the west of the country which it said was to counter the threat of NATO from the Baltic States. […]