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Thunder film room: Examining Domantas Sabonis' skill set with Lithuania

Standing outside The Colcord a few weeks ago, Domantas Sabonis would have blended in quite easily with the rest of the hotel patrons if not for his slender, 6-foot-10 frame. Days after being traded to Oklahoma City on June 23, the 20-year-old was in ...

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Prime Minister Butkevičius: the opening of the Croatian embassy in Lithuania will strengthen the partnership between ...

Prime Minister Algirdas Butkevičius met with the Croatian President Kolinda Grabar-Kitarovič, who is visiting Lithuania, for the working lunch. At the meeting Butkevičius welcomed the opening of the Croatian embassy in Lithuania and discussed the ...

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Examining Sabonis' skill set with Lithuania

In Lithuania's first exhibition against Spain this week, Sabonis checked in around the five-minute mark of the first quarter. After a few possessions of jostling for position with Chicago Bulls forward Nikola Mirotic (who he gets the best of later ...

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Fitch Applies Criteria Changes to Lithuania's Ratings

(The following statement was released by the rating agency) LONDON, July 22 (Fitch) Fitch Ratings has affirmed Lithuania's Long-Term Local Currency (LTLC) IDR at 'A-' with a Stable Outlook. The issue ratings on Lithuania's long-term senior unsecured ...

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Lithuanian police seize €3.5m of fake notes

Lithuanian police seize €3.5m of fake notes The Lithuanian police have prevented almost counterfeit 50-euro notes, totalling €3.5 million, from entering circulation in the country and abroad.

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Vietnam to extradite sentenced businessman to Lithuania

Vietnam to extradite sentenced businessman to Lithuania Vietnam has agreed to hand over Sergey Rachinstein, a businessman sentenced for embezzlement and fraud, to Lithuania.

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Andrius Pulokas appointed as Lithuania's ambassador to Belarus

Andrius Pulokas appointed as Lithuania's ambassador to Belarus President Dalia Grybauskaitė has this week appointed Andrius Pulokas as Lithuania's ambassador to Belarus.

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Lithuania's Sicor Biotech boosts sales to US in 2015

Lithuania's leading biopharmaceutical manufacturer Sicor Biotech, which is controlled by the international generic drugs producer Teva, posted a net profit of 87.018 mln euros for 2015, more than a two-fold increase from 41.171 mln euros in 2014 ...

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Lithuanians may be 'Kremlinphobes', but not Russophobes - Minister Linkevičius

Lithuanians may be 'Kremlinphobes', but not Russophobes - Minister Linkevičius Attempts to portray Lithuanians as hostile to the Russian nation are totally missing the point, Lithuania's foreign minister insists.

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Emigration from Lithuania continues to rise

Emigration from Lithuania continues to rise New data released by Statistics Lithuania show that even more people emigrated from the country over the first half of this year than in January-June 2015. Demographers say the figures are alarming, but may be inflated due to Brexit.

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Tele2 Lithuania revenue rises 8.8% in H1

Revenues of mobile operator Tele2 Lithuania grew by 8.8 percent year-on-year to EUR 83.5 million in the first half of the year, with a 3 percent increase to EUR 42 million in the second quarter, reports Vz.lt. First-half EBITDA totaled EUR 31 million ...

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Lithuanian President on Trump‘s message to the Baltic States

Lithuanian President on Trump‘s message to the Baltic States

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Invest Lithuania secures 19 new FDI projects in 2016, promising 1,800 new jobs

Invest Lithuania secures 19 new FDI projects in 2016, promising 1,800 new jobs Invest Lithuania, the government's agency in charge of attracting foreign investment, has sealed 19 foreign direct investment (FDI) projects this year. Over the coming three years, these investments are expected to create 1,800 new jobs, the agency said.

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Listen to words of 8,000-year-old Indo-European language that sound surprisingly similar to Lithuanian

Listen to words of 8,000-year-old Indo-European language that sound surprisingly similar to Lithuanian Linguists have recreated the sounds of the common Indo-European tongue spoken by the ancestors of most European nations 6,000 years ago. They sound surprisingly similar to modern Lithuanian.

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Rents in Vilnius grow faster than income

Rents in Vilnius grow faster than income Over the last three years, rise in apartment rents in Vilnius outpaced the growth of people's income, statistics show.

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Lithuania Tribune

Economist

  • The appeal of the euro: SELL signals

    May 12th

    UK Only Article:  standard article Issue:  The war within Fly Title:  The appeal of the euro Location:  VILNIUS Main image:  Another blissful day in the euro zone Rubric:  Joining the euro is still attractive to some Another blissful day in the euro zone HAS the euro crisis dissuaded other countries from adopting the single currency? Not a bit of it. Since 2009, when euro-zone GDP shrank by 5%, four countries—Slovakia, Estonia, Latvia and Lithuania (let’s call them the “SELLs”) have joined. Their experience suggests that the euro still has its benefits, but also some familiar risks. Many thought that joining the euro would spur the SELLs’ foreign trade, by removing the friction of exchanging currencies. The Slovakian central bank, for example, predicted a boost of 50%. That was wildly over-optimistic: the euro has made little difference to Slovakia’s imports and exports. The problem may have been a confusion of cause and effect. ...

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  • The view from Vilnius: The link between pro-austerity and anti-Brexit

    April 27th

    IN RECENT years one of the most divisive issues in economics has been whether or not you see the Baltics as a success. When the financial crisis hit they decided to pursue what the IMF called "unprecedented fiscal and nominal-wage adjustment", in an attempt to preserve their currency pegs with the euro. A long debate has ensued as to whether the Baltics were right to do what they did, and whether countries like Greece, Portugal and Spain have anything to learn from them. Cue reams of graphs about output gaps, exchange-rate competitiveness and nominal-wage rigidity. I have been in Lithuania reporting on another story. Happily, Lithuania's economic and financial elite are now willing to talk about what they did during the crisis. The arguments they put forward are fairly convincing. The first concerns naked economics. When the crisis hit all the Baltics were "euroised", i.e. banking-system liabilities were heavily denominated in euros. The IMF has data on the proportion of private-sector loans denominated in foreign currency. The figures for Estonia, Latvia and Lithuania in 2010 were 90%, 90% and 80% respectively (i.e., high).Some economists say that the Baltics should have let their currencies devalue. Economists in Vilnius counter that had they allowed the currency to devalue, a banking-system crisis would have ensued (because the cost in litas of serving euro debt ...

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Topix

  • Vanilla Eyes: Artist duo Pakui Hardware present installation at mumok's Level -2

    July 18th

    Pakui Hardware, Crave That Mineral, 2015. Office magnesium and aluminum alloy rims, silicone, Fiji mineral water, edible Sky Blue pigment, PVC hose pipe, water pump, plastic liquid container, LED lighting system, Dimensions variable, exhibition view Threads: Fantasmagoria about Distance, KAUNAS BIENNIAL, Kaunas Central Post Office.

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  • Regarding supplementation of to the agenda and draft resolutions of...

    July 14th

    Regarding supplementation of to the agenda and draft resolutions of extraordinary meeting of shareholders to be held on 25 July 2016 Pursuant to Articles 25 and 26 of the Law on Companies of the Republic of Lithuania, please be informed that the agenda of extraordinary meeting of shareholders of AkcinA- bendrovA- "DVARA IONIA2 KERAMIKA, to be held on 25 July 2016 , has been supplemented. The Meeting is being convened at the initiative and pursuant to a decision of the Board of AkcinA- bendrovA- "DVARA IONIA2 KERAMIKA".

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  • Baltic States: Hopes and Fears Ahead of NATO Summit

    July 14th

    While traveling to Lithuania and Latvia lately, I was able to talk to local politicians and regular citizens. I could clearly see that security, in the military sense of the word, was seen as increasingly important by ordinary people and policymakers alike, the obvious reason being the Russian Federation and its ways.

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  • Over 65 Thousand Lithuanians Sign Petition Against Astravets NPP

    July 11th

    The Conservative party "Homeland Union" - the Christian Democrats of Lithuania - claims that they have collected almost 65 thousand signatures of citizens in support of the initiative aimed against the Belarusian NPP in Astravets, ru.delfi.lt informs. The draft bill prepared by the Conservatives prescribes prohibition of selling the electric power produced at this NPP at the territory of Lithuania and blocking the access of the mentioned NPP to use the electrical power system of Lithuania.

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  • Convocation of Extraordinary General Meeting of Litgrid Shareholders

    July 9th

    Vilnius, Lithuania, 2016-07-08 11:02 CEST -- On the initiative of the shareholder of Litgrid AB extraordinary meeting of AB shareholders is called on July 29, 2016, at 9.00 am. The meeting will take place in company Room 226, A. JuozapaviA iaus g.

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