Economy

Youth unemployment halved in Lithuania, but growing economy is not the sole factor

Youth unemployment in Lithuania has shrunk significantly over the last few years. Specialists say, however, that this is as much to do with emigration as with the growing economy. […]

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CORPORATE

Unemployment continues to drop across EU while rising in Lithuania

According to Eurostat, the European Union‘s statistical department, unemployment fell through the Euro zone and the EU in January while growing slightly in Lithuania. […]

De-industrialisation was the most painful for older workers. The employment service has directed these men to do community service at the local water supplier (photo by Dalia Mikonytė)
Society

Creativity and boredom in a Lithuanian town coping with globalisation

Having joined the eurozone this year and successfully advertised its natural and urban wonders, Lithuania has become a new darling of international travel ‘listicles’. Its brushed-up capital, ambitious start-ups and emerging foodie hotspots make many visitors wonder if this is really one of the poorest countries in the European Union. Much of the country’s hardships, however, have been cushioned by de-industrialised peripheral towns – like Alytus. Having lost most of its industries, the town is looking for new, global inspiration. […]

Graikija
Opinion

Open letter to anti-Greek Eastern European bloc

Economist Dr.Zoltan Pogatsa believes that the Eurozone states of the former Eastern bloc have been duped by the major powers into firmly opposing Greece. They are being led to believe that Athens is damaging to their economies. It’s all a deception, the Hungarian professional of political economy argues, as Eastern Eurozone members’ money never actually went to Greece, but to Brussels, in order to support the euro. […]