No Picture
European Union

One in, one out? What Greece leaving euro zone would cost Lithuania

As anti-EU moods are brewing in Greece, the euro zone is worried about a new round of financial crisis. Would Lithuania, the newest member of the euro club, be made feel the ripples, should Athens decide to quit the currency union? […]

Opinion

Opinion: From rouble to euro

The first day of this year is the first day of Lithuania with the euro. It is an unavoidable fact, although probably everyone is already tired of hearing the word euro. I must admit: it is certainly much better that the euro is not in everyone’s lips but in everyone’s pockets. Soon enough the currency change fever will go down and we will be less concerned with the pros and cons of having the euro than with having as many euros as we can. […]

Latvian Prime Minister Laimdota Straujuma
Uncategorized

Latvian PM congratulates Lithuania on euro zone membership

Latvian Prime Minister Laimdota Straujuma (Unity) has congratulated Lithuania with its accession to the euro zone on 1 January 2015, the government’s press service informed LETA. […]

No Picture
Economy

Lithuanian producers say they are disadvantaged by UK’s traffic light nutrition labelling

Lithuanian producers are concerned about the United Kingdom‘s nutrition labelling system which uses the colours of traffic lights. Most traditional Lithuanian goods, cheese, ham, honey and jam, will be marked in red despite being made of natural ingredients. […]

Economy

Over half of Lithuanians use internet daily

Internet usage has become very widespread amongst the EU population, and not only are more and more people using the internet, but they also use it more and more often, with almost two-thirds (65 percent) of individuals aged 16 to 74 in the European Union using the internet daily in 2014, compared with less than a third (31 percent) in 2006. During the same period, the percentage of individuals in the EU that have never used the internet dropped from 43 percent in 2006 to 18 percent in 2014, Eurostat, the statistical office of the EU announced. […]

South stream, Pietų srautas
Uncategorized

Europe and Russia after South Stream

The crisis in Ukraine, and in particular Russia‘s recent cancellation of the South Stream natural gas pipeline project, has had substantial ripple effects on the energy dynamics on the European continent. The Russians and Europeans both have put forth several potential replacements for the now scrapped pipeline, with Turkey likely to play a pivotal role either way. […]

Kęstutis Jankauskas
Foreign affairs

Lithuania’s NATO ambassador to lead EU mission in Georgia

Lithuanian Ambassador to NATO Kęstutis Jankauskas has been appointed head of the European Union‘s Monitoring Mission in Georgia, the EU Council and the Lithuanian Ministry of Foreign Affairs said on Friday. […]