Society
European Commission
Energy
Economy
EP member: Baltic states should be strong on Rail Baltica project
Amid the increasingly heated discussions in the Baltic states about the financing of the European-gauge Rail Baltica project from European Union (EU) funds, Wim van de Camp of the European Parliament’s Transport and Tourism Committee says that the three Baltic states would definitely secure European funding for the project, if they are strong and demonstrate determination for the huge investment. […]
Economy
EU commission recognizes Lithuania’s social model as structural reform
The European Commission has recognized Lithuania’s so-called social model package, including its new Labour Code, as a structural reform and granted the country the requested flexibility in meeting its public deficit target. […]
Energy
EC, Gazprom should hold talks on new commitments – Energy Minister
The European Commission and the Russian gas giant Gazprom should hold negotiations on new commitments, as the current ones no longer reflect the reality and will have no effect upon Central and Eastern European gas markets, says Energy Minister Zygimantas Vaiciunas. […]
European Union
After Juncker’s speech, German, Lithuanian ministers don’t want major EU disunity
The foreign ministers of Lithuania and Germany say that discussions of the idea of a “multiple-speed” European Union (EU), it is necessary to prevent major gaps among countries, as only a unified Europe can retain its influence on the global arena. […]
European Union
EC: Lithuanian move to ban RTR Planeta broadcast in line with EU law
The Lithuanian decision to ban broadcasts of the Russian television channel RTR Planeta for instigation of hatred is not in violation of the European Union’s (EU) law, the European Commission said on Friday. […]
Economy
CORPORATE
Rail Baltica – the key facts
The Prime Ministers of Lithuania, Latvia and Estonia are signing an agreement on the development of the European railway Rail Baltica on Tuesday. Smooth implementation of the project is expected by 2025. […]
Society
European Union
EC: Lithuania may fall short of Stability, Growth Pact standards
Lithuania’s 2017 draft budget plan may fall short of the provisions of the Stability and Growth Pact, however, this could be avoided by way of an exception, if the social model is listed as a structural reform, the European Commission has said. […]
Energy
EU aid for Klaipėda FSRU purchase to depend on Latvia, Estonia – EnergMin
Lithuania’s talks with the European Commission on EU funding for the acquisition of the Klaipėda liquefied natural gas ( LNG) terminal’s vessel will depend on whether Latvia and Estonia recognize it as a regional facility, Energy Minister Žygimantas Vaičiūnas said. […]
Uncategorized
If Belarus N-plant project can’t be stopped, safety must be ensured – EnMin
Lithuania’s new Energy Minister Žygimantas Vaičiūnas sees ensuring the safety of the Astravyets nuclear power plant, which Belarus is building just 50 kilometers from Vilnius, as one of his key tasks. […]
Economy
New Labour Code to come into force next July
Lithuania’s new Labour Code, which is part of the so-called social model package, will come into force next July. […]
Uncategorized
Lithuania has European Commission’s support on Belarus’ N-plant
Environment Minister Kęstutis Navickas says that Karmenu Vella, the EU commissioner in charge of environment, maritime affairs and fisheries, has assured him that the European Commission supports Lithuania in raising safety issues at the Astravyets nuclear power plant, which Belarus is building just 50 kilometers from Vilnius. […]
Uncategorized
ForMin admits lack of understanding form neighbors on Belarus’ N-plant
Foreign Minister Linas Linkevičius admits that Lithuania has so far failed to fully convince its neighbors regarding threats posed by a new nuclear power plant under construction in Belarus and Vilnius’ initiative to block electricity from the facility. […]
CORPORATE
MEP Auštrevičius – The EU and NATO: Finally on the same path
It is understandable why at the end of this year political analysts raise questions from evermore acute angles. Edward Lucas for one has expressed fears as to whether NATO will withstand Donald Trump’s administration or if the European Union can still be saved. […]
Economy
Lithuania’s structural reforms would be compatible with fiscal discipline
The Eurogroup thinks that Lithuania’s planned new social model, a package of legislation on structural labour market and pension system reforms, in 2017 would be compatible with fiscal discipline. […]
Foreign affairs
EC envoy: Populists, Russia, ISIS group aims to destroy Europe
The European Union (EU) is currently faced with pressure from populists, Russia and the ISIS group that aim to create the atmosphere of fear and chaos, says the European Commission‘s (EC) representative in Lithuania Arnoldas Pranckevičius. […]
CORPORATE
Seimas Speaker meets President Dalia Grybauskaitė
Seimas Speaker Viktoras Pranckietis met with President Dalia Grybauskaitė on Monday to discuss further cooperation. Assistant to the head of state Mindaugas Lingė states that the currently most pressing task is to balance next year’s budget. […]