Even when signing books always the consumate politician, Guy Verhofstadt at the  Vilnius Book Fair  Photo © Ludo Segers @ The Lithuania Tribune
European Union

Guy Verhofstadt Brings his EU reform ideas to Vilnius

A large enthusiast and captivated audience came out on a very cold Saturday afternoon to hear former Belgian Prime Minister Guy Verhofstadt speak at the annual Vilnius Book Fair. Verhofstadt is currently fraction leader of the Liberal Group in the European parliament. However, on Saturday his main message were his ideas for European reform and to make the EU stronger, more efficient, and to avoid more Brexit-like defections of the world’s largest and most powerful trading block. […]

FinTech
Economy

Lithuania made a triple jump into becoming the European FinTech centre

The fact about Lithuania as one the most favourable and friendly jurisdiction for FinTech companies, planning to offer payment service across the EU is spreading out. 30 electronic money institutions had activity licences issued by the Bank of Lithuania licenses in 2017, as in 2016 there were just 12. According the information, announced by the Bank of Lithuania on 29th January 2017, about 100 companies are on consultations about licencing opportunities in Lithuania and 19 are now under review. So what factors influenced such growth and interest in FinTech licensing in Lithuania? […]

Edward Lucas, the Nordic Chambers Dinner i
Uncategorized

How to make the deal of the deals with Russia? After dinner with E. Lucas

Edward Lucas, the former senior editor of the Economist, visited Vilnius on January 10th — once again, should we say. He lived in Lithuania in the Nineties and is such a frequent commentator and visitor in Lithuania that he even speaks the language a bit. His work has been revolving around Russia for so long that he has become a synonym for Russophobia, an accusation he is sharing with the three Baltic States. […]

Banksy painting Brexit
CORPORATE

Lithuania – new destination for UK financial institutions loosing “passporting rights” after BREXIT

As it is almost clear that that UK banks, investment managers, payment service providers and other financial institutions will lose their “passporting rights” to do business in the European Union, Lithuania competes in attracting international financial companies leaving the UK. The Northern country uses the opportunity to become the forefront of financial technologies in the region and there are many reasons to believe about this success. An attractive legal and technological environment, business minded and advanced supervisory authority open to financial market innovations, qualified and competitive workforce, opportunities to operate across the EU basing from Lithuania – that‘s what put Lithuania to one of the best places on the global FinTech map already now. […]

Russia Today
Defence

Russia can only affect Lithuanian society with internal problems – analyst

The Kremlin can only have an effect on Lithuania’s society, if it is shaken by internal problems, says Lilia Shevtsova, political scientist and analyst at the international policy institute Chatham House. […]

Angela Merkel
CORPORATE

German military study: could the worst case scenarios turn true for the EU?

Several years ago few believed that British domestic discussions on their membership in the EU could turn into Brexit, thus the current debates on the EU’s future scenarios lead to little optimism as well, Eastern […]

Brexit
CORPORATE

Uncertainties whether Brexit will help attract business away from the UK to Lithuania

As news that one of Lloyd’s of London’s largest insurance syndicates XL Group, which operates the XL Catlin brand, is to move its European headquarters to Dublin because of Brexit. Doubts remain as to whether […]