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May272020

Matas Baltrukevičius. Will the party founder save the Labour Party?

There have been and remain many powers in the Lithuanian political arena, whose names primarily evoke the image of a single specific person even if they might no longer be a member of the party. These are Order and Justice and Rolandas Paksas, the Path of Courage and Neringa Venckienė and the Lithuanian Freedom Union and Artūras Zuokas.

More → - (Source: 15min.lt)

May272020

Producer of dairy mixes Litamilk invests in expansion to Asia and Africa

Citadele bank granted a €1.2 million loan to Litamilk, a producer of innovative value-added dairy mixes. The loan will be invested in vigorous expansion to the Asian and African markets. The company intends to develop the network of partners and introduce its products to the Nigerian, Moroccan and Saudi Arabian markets.

More → - (Source: 15min.lt)

May272020

Lithuania's defence ministry investigates Chinese cameras after LRT report

Chinese Hikvision and Dahua surveillance cameras used by Lithuanian institutions and leaders are vulnerable to interception and some are connected to servers in Russia, the National Cyber Security Centre (NKSC) said on Wednesday.

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May272020

Consumer’s return to usual habits: thousands of clients making sizeable purchases at Eurovaistinė over four days

With lockdown conditions being loosened, last week, restrictions implemented for the period were lifted by the Ministry of Healthcare for non-prescription medicines and protective equipment purchases. Specialists from the country’s largest pharmacy network Eurovaistinė say they observed how customers’ habits are changing. Within the four days of lifted regulations, 6,700 customers purchased more than one non-prescription medicine package.

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May272020

Lithuania to renew flights to more German cities and Netherlands

On 27 May Lithuanian government has allowed renewing more flights to Germany and the Netherlands.

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May272020

Lithuania could get €6.3bn from EC's coronavirus recovery fund – EU commissioner

Lithuania could claim 6.3 billion euros from the 750-billion fund proposed by the European Commission to help post-coronavirus recovery, according to an EU commissioner.

More → - (Source: LRT)

May272020

Special Investigation Service names biggest threat in country

Systemic corruption is the most dangerous and its initiators pose the biggest threat as experience shows they are often former officers, Zydrunas Bartkus the director of Lithuania's Special Investigation Service (SIS) says.

More → - (Source: Delfi Politics)

May272020

Lithuania to gradually open up to European travelers

Lithuania's government has agreed on a plan to gradually open the country's borders to people from European countries with low coronavirus infection rates.

More → - (Source: LRT)

May272020

Lockdown extended until June 16

Lithuania’s government on Wednesday extended the coronavirus lockdown until June 16.

More → - (Source: Delfi Politics)

May272020

Bank: Lithuanian billion-rescue-plan may be slowed down by red tape

As the Lithuanian government plans to invest 6.3 billion euros in the economy and human resources in 18 months, Swedbank has pointed to excessive red tape as weakness that could slow down the investments, LRT reports.

More → - (Source: Baltic News Network)

May272020

Lithuania extends quarantine, allows mass events and outdoor sports

The Lithuanian government has greenlit further easing of quarantine restrictions, allowing mass events and longer opening hours for bars and restaurants. The nationwide quarantine, however, will be extended until mid-June.

More → - (Source: LRT)

May272020

Quarantine affects almost half of Lithuanians, one in ten cannot cover food costs

Low-income families in Lithuania have been most affected by the ongoing quarantine. According to an April survey, they lack money to cover basic living costs.

More → - (Source: LRT)

May272020

People in Lithuania can get tested for Covid-19 in private labs

The Lithuanian government has authorised five private labs to perform paid Covid-19 tests since May 6, according to the country’s Health Ministry.

More → - (Source: LRT)

May272020

Lithuania’s post-corona 'spending spree’ hindered by red tape – Swedbank

Swedbank, a Swedish bank operating in the Baltic states, said in its May 25 report that Lithuania was well-placed for the economy to rebound quickly. However, excessive red tape hinders distribution of state aid.

More → - (Source: LRT)

May272020

Coronavirus update: Lithuania reports 66th death, 8 new cases

Lithuania has confirmed eight new coronavirus cases, bringing the total number of infections to 1,647, the Health Ministry announced on Wednesday.

More → - (Source: LRT)

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LRT

Quarantine affects almost half of Lithuanians, one in ten cannot cover food costs

May 27th

Low-income families in Lithuania have been most affected by the ongoing quarantine. According to an April survey, they lack money to cover basic living costs.

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People in Lithuania can get tested for Covid-19 in private labs

May 27th

The Lithuanian government has authorised five private labs to perform paid Covid-19 tests since May 6, according to the country’s Health Ministry.

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Lithuania’s post-corona 'spending spree’ hindered by red tape – Swedbank

May 27th

Swedbank, a Swedish bank operating in the Baltic states, said in its May 25 report that Lithuania was well-placed for the economy to rebound quickly. However, excessive red tape hinders distribution of state aid.

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Coronavirus update: Lithuania reports 3 new Covid-19 deaths

May 27th

Lithuania has confirmed eight new coronavirus cases, bringing the total number of infections to 1,647, the Health Ministry announced on Wednesday.

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Coronavirus update: Lithuania reports 66th death, 8 new cases

May 27th

Lithuania has confirmed eight new coronavirus cases, bringing the total number of infections to 1,647, the Health Ministry announced on Wednesday.

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Brown bear considered extinct in Lithuania spotted near Latvia

May 27th

A camera set up by hunters in Kupiškis region, northeastern Lithuania, has spotted a rare and endangered animal in the Baltic states – a brown bear.

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The soft power of The Last Dance – opinion

May 27th

As The Last Dance tops Netflix charts in Lithuania,, Giedrimas Jeglinskas, an assistant secretary general at NATO, remembers the heyday of the NBA in the 1990s. For us in the so-called ‘post-Soviet’ space, he writes, the Bulls were a symbol of the post-Cold War wave of freedom, democratisation and liberalism. But the world has changed.

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Coronavirus in Lithuania ‘under control’, health authorities say

May 26th

The coronavirus spread in Lithuania has been brought under control, a National Public Health Centre official says, although lifting the quarantine may still be premature.

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Lithuanian businessman gets whistleblower status over report on minister

May 26th

Lithuanian businessman Aleksandras Ribnikovas has received a whistleblower’s status from the prosecutors after reporting alleged corruption by Transport Minister Jeroslav Narkevič.

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Vilnius city officials and a firm suspected of fraud in lung ventilator deal

May 26th

Lithuanian financial crime investigators, the FNTT, are looking into a deal by Vilnius Municipality to procure lung ventilators. The firm Andrikus, which has failed to deliver the goods despite being paid in advance, is suspected of tax fraud.

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Bank of Lithuania

Bank of Lithuania breaks the ice: first recapitalisation plan in the EU approved

May 26th

Today, the European Commission gave the green light to the establishment of the Lithuanian Aid Fund for Business, by approving the proposed State aid scheme. This is the first scheme approved under the State aid Temporary Framework, which provides EU...

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LBChain – the cradle of future technologies unrestricted by geographical or sectoral boundaries

May 26th

The Bank of Lithuania has completed the testing phase of its LBChain project, during which it has created a unique sandbox combining technological and regulatory infrastructures as well as assessed its potential. In order to discuss the final project...

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LBChain project has reached the finish line: results and future plans

May 21st

The Bank of Lithuania’s LBChain project – a unique blockchain-based sandbox – has reached the end of its third and final stage. On 26 May 2020, the Bank of Lithuania will hold a wrap-up session to discuss the final project results and present its...

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Secure Nordic Payments, UAB fined for improper execution of payment transactions

May 21st

The Supervision Service of the Bank of Lithuania has identified infringements to the Law on Payments related to the execution of payment transactions by the electronic money institution Secure Nordic Payments, UAB (formerly MisterTango, UAB) in...

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The Digital Finance Outreach – Lithuania: webinar on the future prospects for European digital finance

May 18th

While preparing a new digital finance strategy for Europe, the European Commission has launched “The Digital Finance Outreach 2020” – a series of events organised in collaboration with the EU Member States. According to the Global Fintech Index,...

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Delfi Business

Pandemic emptied cinemas: will they survive?

May 25th

In an attempt to evaluate the long-term effects of Covid-19 on cinema operators, the law firm Sorainen, by the request of the Lithuanian Film Centre, has conducted an economic analysis of the situation.

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One more flight to be resumed from Vilnius

May 25th

Latvian airline airBaltic is resuming its Vilnius-Tallinn flights on Monday after the Lithuanian government granted its permission to do so last week.

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Lithuania lifts restrictions on anti-coronavirus product sales

May 23rd

The Lithuanian Health Minister on Thursday lifted restrictions on medical face masks, respirators, gloves and hand sanitizer sales, saying there is a sufficient supply of these products to meet the demand.

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AirBaltic launches new route from Vilnius to Oslo

May 22nd

After receiving all of the necessary permissions, airBaltic announces that it plans to launch direct flights from Vilnius to Oslo on May 28, 2020, the company informs in a press release.

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Employers to commit not to cut wages if income tax is lowered

May 22nd

Lithuanian employers' organizations say they will commit not to reduce wages during the crisis if the parliament approves President Gitanas Nauseda's initiative to cut the personal income tax rate to 15 percent, from 20 percent, and increase the non-taxable income threshold by 50 euros.

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Skvernelis: there's no legal basis for budget review

May 21st

There's no need for a review of this year's budget, Lithuanian Prime Minister Saulius Skvernelis has reiterated once again, saying that there's no legal basis to do that.

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US-based developer of cloud computing solutions opens development office in Vilnius

May 19th

CAST AI, a Florida-based developer of cloud computing solutions, has announced the establishment of a development office in Lithuania. The company, which has already raised $4.8M at begining of 2020, plans to expand its Vilnius-based team to 100 people in the next three years.

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New plant on way in Klaipeda

May 19th

SBA Group has launched the second stage of the SBA Technology and Innovation Park development process. An automated and robotic factory is about to be built in the cluster developed near Klaipėda, the company informs in a press release.

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Flights to Warsaw and Oslo may resume soon

May 19th

Regular flights from Lithuania to Warsaw and Oslo are likely to be relaunched in the near future, Prime Minister Saulius Skvernelis said on Tuesday.

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Tourism sector and hotels expect recovery as border reopen

May 18th

As the Baltic states have recently reopened their internal borders after two months of lockdown, representatives of Lithuania's tourism sector say this relaxation should promote outbound tourism.

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Delfi Politics

Lithuania appoints its new EU permanent representative

May 27th

The Seimas of Lithuania has appointed Ruta Baneviciute as its new permanent representative to the European Union from August 1, the parliament said.

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8 new coronavirus cases

May 27th

On Tuesday, 8 new coronavirus cases were detected in Lithuania. Since the outbreak of the pandemic, Lithuania has recorded 1647 cases.

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Documents from Vilnius municipality regarding lung ventilators seized

May 26th

Lithuania's Financial Crime Investigation Service has on Tuesday seized documents from Vilnius City Municipality over the procurement of lung ventilators, and has also carried out searches at a company Andrikus.

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Skvernelis: government will consider extending lockdown until late June

May 26th

Lithuania’s government will on Wednesday consider extending the lockdown until the end of June, Prime Minister has said.

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4 new coronavirus cases

May 26th

On Monday, 4 new coronavirus cases were recorded in Lithuania. Since the outbreak of the pandemic, Lithuania has already detected 1639 COVID-19 cases.

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Baltic News Network

Week in Lithuania: President wants a probe into Transport Minister’s house reconstruction, Kelmė mayor busted

May 24th

In Lithuania, the top news of the last week were the President seeking a probe into Transport Minister’s house reconstruction, the government rolling out post-COVID-19 economy recovery plan and the suspension of the mayor of Kelmė over bribery investigation.

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Palanga beach lifeguards: how to perform mouth-to-mouth CPR and keep social distancing?

May 21st

Lithuanian resorts are slowly reeling off the from the disastrous COVID-19 and the strict quarantine, but the usual bustle is nowhere yet to be seen.

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Week in Lithuania: President speaks to EC President, quarantine sees further easement, two prosecutors arrested

May 17th

In Lithuania, the top news stories of last week, were Lithuania celebrating centenary of parliamentarism, quarantine seeing further easement and the arrests of two prosecutors.

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Lithuanian analysts: President Nausėda still looking for his place in the sun

May 14th

It would be very unfair at this point to draw far-reaching conclusions on the presidency of Gitanas Nausėda, who started his eleventh month in the office, but the COVID-19 pandemic has put him in the cusp of the spotlight. Is the stance he has taken just too lackadaisical?

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In Lithuania, professional artists perform among apartment blocs

May 12th

In Lithuanian towns large and small cultural events are being held with concerts, dance, theatre and circus performances in the courtyards of apartment buildings, LRT reports.

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Delfi Culture

Head of opera theater estimates quarantine losses

May 25th

Lithuania's National Opera and Ballet Theater has probably lost one million euros because of the quarantine, its director Jonas Sakalauskas estimates, adding, however, that there have been no job cuts.

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Director Kaupinis wins German film festival's best director award

May 12th

Lithuanian film director Karolis Kaupinis won the best director award for his debut feature, Nova Lituania, at goEast – Festival of Central and Eastern European Film, in Wiesbaden in early May.

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Bishops permit public Masses on Sundays

May 9th

Roman Catholic churches in Lithuania will be able to celebrate Masses with congregations on all days, including Sundays, the Lithuanian Bishop's Conference said.

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Mission Siberia 2020 cancelled due to coronavirus pandemic

May 5th

Mission Siberia, an expedition organized annually to tend to graves of Lithuanian deportees and political prisoners, has been cancelled this year due to the coronavirus pandemic, the organizers said on Tuesday.

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Lockdown fashion: Facemask Fashion Week kicks off in Vilnius

May 5th

Despite the ongoing lockdown introduced in Lithuania due to the coronavirus pandemic, the country’s capital will host a unique fashion event – a Facemask Fashion Week, which will be presented by artists on Tuesday.

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Other sources

Lithuania Retail Sales Decline In April

May 27th

Lithuania';s retail sales declined …

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Latvian-made online logistics platform available also in Lithuania and Estonia

May 27th

The platform has been developed for two years, but responding to the the situation in the Baltics and Europe the platform's creator Rihards Averats has decided to launch the tool in Latvia earlier than planned, at the end of March, and now it is …

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The average after-tax monthly salary rose to 822.1 euros in Lithuania

May 27th

… rose by 8.8% in Lithuania last year to 1,296 … 's statistics office, Statistics Lithuania, on May 27th. Pre-tax …

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Lithuanian capital holds ‘Mask Fashion Week’ amid COVID-19

May 27th

Lithuania’s capital Vilnius is holding a special kind … a ‘Mask Fashion Week’. All Lithuanians are required to wear masks … and even the mayor of Vilnius, Remigijus Simasius. One of the … take a selfie,” she added. Lithuania shut most shops, restaurants and …

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Gediminas Ziemelis: New IFRS for airlines with provisions for virus impact?

May 27th

… the International Accounting Standard 37. VILNIUS, CYPRUS, CYPRUS, May 27, 2020 …

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