Istanbul
Economy

Turkish currency crisis: cheaper goods for consumers, more risks for large businesses

The recent significant drop in the value of the Turkish lira promises cheaper goods for consumers in Lithuania but brings in more risks for Lithuanian businesses exporting to this Middle Eastern country, analysts say. […]

Istanbul
Foreign affairs

Lithuania opens honorary consulate in Istanbul

Lithuania’s President Dalia Grybauskaitė on Monday opened a honorary consulate in Istanbul, which became the country’s 5th honorary consulate in Turkey. […]

Flag of the Republic of Turkey
CORPORATE

The EU-Turkey Refugee Agreement must be brought to an end!

In March 2016, Ms. Merkel and Mr. Erdogan reached an agreement on refugees, which would eventually involve all of Europe. Countless refugees, namely Syrians, were trying to reach Europe and in particular Germany, where public opinion slowly started to show signs of opposition to their reception. […]

State Border Guard Service
Foreign affairs

Construction of fence on Lithuania’s border with Russia to start next week

Construction of a fence on Lithuania’s border with Russia’s Kaliningrad exclave is expected to start next week. […]