Polish and Lithuanian flags
Politics

Seimas founds May 3 Group for natl minority policies

Lithuania’s parliament last week established a group for national minority policies, naming it May 3 Group in honor of the historic legacy of the Polish-Lithuanian Commonwealth. […]

Seimas elections in Klaipėda
Politics

2nd round of Seimas polls to include most Conservative, Peasant&Green candidates

The conservative Homeland Union – Lithuanian Christian Democrats and the Peasant and Green Union, which came in shoulder-to-shoulder in multi-member voting in Lithuania’s parliamentary elections, will also be the main competitors in the single-member districts, as well – almost identical numbers of their candidates qualified for the second round. […]

Romas Lazutka
CORPORATE

ELECTIONS 2016: Economics. Lazutka: Impressed with Skvernelis

On the evening of September 13 a political debate featuring the top five largest Lithuanian parties was broadcast on LRT Television. The topic of the debate – economics. The debating parties were the Lithuanian Social Democrat Party (LSDP), Homeland Union-Lithuanian Christian Democrats (TS-LKD), Lithuanian Peasant and Greens Union (LVŽS), the Labour Party (DP) and the Liberal Movement (LS). LRT.lt interviewed a number of political, economics, business, law and public relations experts and asked them to rate party performance from 1 to 5. […]

Gabrielius Landsbergis
Politics

Abromavičius, Šimonytė, Ušackas and Pavilionis among conservatives’ candidates for ministers

The opposition Homeland Union – Lithuanian Christian Democratic announced that the party’s leader Gabrielius Landsbergis would be the prime minister, if the party is involved in formation of the government after the upcoming elections. […]

Economy

ECB stress test finds Lithuania’s banks secure and reliable

The three largest banks operating in Lithuania – SEB bank, Swedbank and DNB bank – have very solid capital buffers and assess risks conservatively enough. This became clear after the European Central Bank (ECB), in cooperation with the Bank of Lithuania, inspected the asset quality of the three commercial banks and performed stress testing, the country’s central bank said in a report on 26 October. […]