Vladimir Putin visit to Crimea
Opinion

Putin‘s Russia: As Income drops leaders’ popularity grows

It‘s a country where the average annual salary has dropped by almost a tenth and is now on not much more than 400 euro (compared with Lithuania where it just passed the 600 Euro mark). It‘s a country where the average pension is around 179 Euro – practically one third lower than in Lithuania). It‘s a country where ministries forecast increased economic stagnation for the next two years while the President’s office states that nobody is any the wiser. […]

Economy

Lithuania slips to No. 21 in World Bank’s of Doing Business ranking

Lithuania ranks 21st among 190 countries in the World Bank‘s latest ease of Doing Business report, a notch lower than last year. […]

Evaldas Gustas
Economy

Economy minister promises reforms to lift Lithuania up Doing Business ranking

Lithuania’s Economy Minister Evaldas Gustas has promised to initiate new reforms next year to improve the country’s business environment and help Lithuania move up on the Doing Business rating. […]

A bit of Hollywood glamour with Foreign Minister Linas Linkevicius and actress Ruta Lee
Foreign affairs

Lithuanian Consulate General feted in Ronald Reagan Library in California

The memory of former American President Ronald Reagan loomed large over the ceremony celebrating Lithuania’s opening of a Consulate General that was feted on Monday, 1 June 2015. Hosted by John Heubush, the director of the Ronald Reagan Library, the celebration took place in the presence of the Lithuanian Foreign Minister, Linas Linkevičius, and the Lithuanian Ambassador to the USA, Žygimantas Pavilionis, a large number of diplomatic representatives, dignitaries and friends of Lithuania, including the former movie star Ruta Lee and Albinas Markevicius. […]

Energy

Lithuanian power connection process gets streamlined

Lesto, Lithuania’s national power distribution company, has streamlined its power connection process for business and private customers. Connection time for new customers will be reduced by 2 days on average thanks to the changes, Invest Lithuania reports. […]