Exeting the Ministry of Economy and Ministry of Energy
CORPORATE

A signal to Russia – energy is not a priority in Lithuania

The new Seimas term begins on Monday, with the Peasant and Greens fraction claiming to hold almost 60 members of 141. As such its proposals will have to be considered by both its coalition partners […]

Algirdas Butkevičius
Politics

Official: SocDems name their candidates for ministers

Algirdas Butkevičius, the leader of the Lithuanian Social Democratic Party (LSDP), thinks that Linas Linkevicius should stay on as foreign minister in the country’s next government and proposes Mindaugas Sinkevičius, mayor of the central Lithuanian town of Jonava, for the post of economy minister, and Darius Petrošius or Julius Sabatauskas, both members of the Seimas, for the post of justice minister. […]

Gintautas Paluckas
CORPORATE

ELECTIONS. SocDems after losing – three alternatives for their future

The biggest loser in this Seimas election has been the Labour Party, having failed to pass the 5% vote barrier. That said, no less a blow was that to the Lithuanian Social Democrat Party (LSDP) which had been dominant in ratings nigh on up to election day. What do the Social Democrats need to do after this loss to Gabrielius LandsbergisConservatives and Ramūnas Karbauskis’ “Peasants”? […]

SoDra
Economy

Lithuanian Social Insurance Fund’s financial flows grow by 40 times in 25 years

Social security contributions amounting to EUR 41.4 billion have been paid to the State Social Insurance Fund (Sodra) since its establishment, whereas Sodra has paid out EUR 44.9 billion in benefits. […]