The Lithuanian government has suggested using dividends from two state-owned energy companies to support dairy farmers. Prime Minister Algirdas Butkevičius has told parliament that Lietuvos Energija and Klaipėdos Nafta will pay twice more in dividends […]
The Lithuanian government agreed on priority issues the country will raise during its term at the United Nations Educational, Scientific and Cultural Organization (UNESCO) Executive Council. These will include the safety of reporters and the rights of the Crimean Tatar community, according to approved guidelines for the 2015-2019 period. […]
The Lithuanian government has greenlit using money from European Union structural funds to finance informal learning programmes in Lithuanian schools. […]
Over the last 25 years, the population of Lithuania has fallen from 3.7 million to 2.9 million, shrinking by over 1% annually. While predictions of the eventual extinction of the Lithuanian people are premature, the trends are a real cause for concern and will present huge challenges for the country over the coming half-century. […]
The cabinet of Prime Minister Algirdas Butkevičius is approaching the line where half of its original members will have been replaced, necessitating a confirmation vote in parliament. […]
The Lithuanian government could collect more revenue from the value-added tax (VAT) by lowering the rate and thus cutting the black market, according to a SEB Bank economist. […]
The Competition Council has decided to open an investigation and see whether the Lithuanian government‘s decision to single out the Elektrėnai-based Lithuanian Power Plant as the primary supplier of reserve power capacity did not violate competition rules. […]
Norway’s state oil fund more than doubled its investment in Lithuanian government bonds last year, increasing its holdings from €76 million (711 million NOK) in 2014 to €178 million (1.6 billion NOK) in 2015. […]
The Lithuanian government said on Monday it would not ask the European Union to scrap daylight saving time, saying there is no evidence that advancing clocks one hour during summer months has negative impact on people’s health or the country’s economy. […]
Major change in Lithuania is difficult and slow because of the short political lives of the average Lithuanian government, according to Darius Žeruolis, a political scientist at the Institute of International Relations and Political Science at Vilnius University. […]
The Lithuanian government endorsed a package of measures aimed at cutting alcohol consumption on Monday. It includes alcohol-free zones, and further restrictions on selling hours and on alcohol advertising. […]
The International Center for Settlement of Investment Disputes (ICSID) in Washington has accepted a request to arbitrate between France‘s Veolia group and the Lithuanian government. […]
The Lithuanian government does not expect Belarus to take retaliatory measures against Lithuania over the country trying to block the construction of a new Belarusian nuclear power plant at Astravyets, said Energy Minister Rokas Masiulis. […]
Over 250 soldiers and civilian staff of the armed forces are to take part in an international special forces exercise Flaming Sword this spring. […]
The Lithuanian government has agreed to extend a €420 million interest-free loan to Lithuania‘s social insurance fund, the Sodra, to help it “balance cash flows”. […]
The French group Veolia, which owns heating companies in Lithuania, is suing the country for €100 million at the International Centre for Settlement of Investment Disputes (ICSID) in Washington. Veolia is demanding compensation for losses it allegedly sustained due to unfair treatment by the Lithuanian government. […]
Two former Lithuanian leaders – ex-president Valdas Adamkus and the country’s first post-independence leader Vytautas Landsbergis – have urged the government “to do everything in its power to immediately halt the construction of the Astravyets nuclear power plant” in Belarus some 50 km east of Vilnius. […]
On Wednesday the Lithuanian Government approved a proposal to eliminate annuities for presidents’ widows or widowers. Based on the proposed rules, the spouse of a president would instead receive a state pension. […]
This year’s World Economic Forum in Davos will focus on the next wave of innovation, but are Lithuanian politicians ready to embrace new opportunities and give up unnecessary regulations, asks economist Rūta Vainienė. […]
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