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April242018

Renovation of Vilnius' Akropolis mall to cost EUR 14 mln

Vilnius' Akropolis mall, the largest shopping and entertainment complex in Lithuania … for January to August. Akropolis Vilnius was opened in 2002 and … malls were later built in Lithuania, in Kaunas and Klaipeda, and … development and lease companies in Lithuania, Latvia, Estonia and Bulgaria.

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April242018

Lithuanian regulator, Lolita Šumskaitė will speak at Mare Balticum Gaming Summit 2018

… state of the industry in Lithuania” panel discussion which will be … Finance of the Republic of Lithuania) Lolita Šumskaitė is working for … Lithuania and was responsible for designing the national gambling policy in Lithuania …

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April242018

Lithuania breezes past Romania

… . Edgar Rybakov scored twice as Lithuania raced clear to a three-goal … scored his first points for Lithuania at World Championship level as … to create a two-on-one for Lithuania which Povlias Verenis converted with … wore on inside Zalgiris Arena, Lithuania continued to find their scoring …

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April232018

Transport minister calls for discussion on "alcolocks" in rented cars

Transport minister calls for discussion on Lithuania's Transport Minister Rokas Masiulis is calling for discussions on the installation of the so-called "alcolocks" in rented cars following a tragic car accident over the weekend when a taxi passenger was killed in a crash caused by a DUI driver.

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April232018

Cheaper business opportunities probably lead to Barclays' decision, staff will be in demand

Cheaper business opportunities probably lead to Barclays' decision, staff will be in demand The Vilnius-based Barclays technology center, which has recently announced plans to cut the number of its staff by a third, has probably found cheaper business development opportunities, head of the Investors' Forum, uniting foreign investors, believes.

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April232018

Family Of Lithuanian Tourist Seeks High-Level Probe Into Death In Kerala

Thiruvananthapuram: The family of a Lithuanian tourist, whose decomposed body was …

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April232018

President lets US-based artist keep his Lithuanian citizenship

President lets US-based artist keep his Lithuanian citizenship Lithuanian President Dalia Grybauskaitė has let US-based Lithuanian artist Žilvinas Kempinas, a laureate of the Lithuanian National Prize for Culture and Arts and an American citizen, to keep his Lithuanian citizenship.

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April232018

Kęstutis Girnius. Restraining the president

Kęstutis Girnius. Restraining the president

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April232018

Lithuania hopes to reach AGF Junior Trophy finals

… By Anvar Mammadov - Trend: Lithuania hopes to reach the final … them from success," the Lithuanian coach said. Chipkiene also noted … first group of gymnasts, the Lithuanian athletes are in second place …

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April232018

Lithuanity Code (#LietuvybėsKodas). Projection – outpost of high technologies

Lithuanity Code (#LietuvybėsKodas). Projection – outpost of high technologies

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April232018

Tele2 Lithuania revenues lift 16% in Q1

Mobile operator Tele2 Lithuania said revenues grew by 16 … important factor raising revenues. Tele2 Lithuania invested EUR 2.01 million …

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April232018

Vilnius eyes space for artists in former synagogue location

Vilnius eyes space for artists in former synagogue location Vilnius authorities are considering giving a Soviet-era school building in central Vilnius, built where the Great Synagogue of Vilna used to be, to artists and later demolish the building.

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April232018

Lithuania's Neringa to commemorate Sartre, French prisoners

Lithuania's Neringa to commemorate Sartre, French prisoners French philosopher Jean-Paul Sartre and World War I's French prisoners will be commemorated in Lithuania's coastal municipality of Neringa.

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April232018

Lithuanian defmin to open NATO Week in Ukraine

Lithuania's Minister of National Defense Raimundas Karoblis will pay a visit to Kiev on Monday and attend the opening of NATO Week in Ukraine.

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April232018

Flags with Nazi symbols hanged in Vilnius

Flags with Nazi symbols hanged in Vilnius Flags with Nazi symbols were spotted hanging on three bridges in Vilnius on Friday.

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LRT

Bank of Lithuania

Swedbank, AB will indemnify inadequately informed clients for possible losses after Bank of Lithuania inspection

April 23rd

After a Bank of Lithuania’s target inspection, Swedbank, AB committed itself to indemnify the losses for its clients who were inadequately informed about the interest rate increased during the change of their credit card agreement.

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The risk of cross-border money laundering in Lithuania – among the lowest in the European Union

April 19th

With the international community strengthening its efforts to fight cross-border money laundering and terrorist financing, Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, who is on a visit in Washington, D.C., will share...

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V. Vasiliauskas: Challenges are unavoidable, yet it’s the perfect time to gear up and meet them head-on

April 18th

Firm economic recovery and still favourable financing conditions open an ideal window of opportunity to implement structural reforms and sort out public finances. This is one of the key topics that Vitas Vasiliauskas, Chairman of the Board of the...

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Inflation in the beginning of the year: upsurge in prices eases off

April 17th

This year price growth has been gradually slowing down: having reached, on average, 3.7% last year, annual price growth in March was 2.7%. This slowdown is generally driven by the consumer-favourable global commodity price developments, somewhat...

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Robust response to risky financial derivatives in Europe

April 13th

To protect retail investors, the European Securities and Markets Authority ( ESMA) is taking action over complex financial derivatives, seeking that binary options are not accessible to retail investors at all and trade in contracts for...

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Topix

People attend 3-km-Runway Run 2018 in Siauliai, Lithuania

April 22nd

Runners get ready at the starting line on the runway at the Lithuanian Air Force Base in Siauliai during the Runway Run 2018 in Siauliai, Lithuania, April 21, 2018. Around 7,000 participants including families from the youngest to seniors, professional sportsmen, amateurs, lovers of quality pastime as well as soldiers attended the 3-km-Runway Run 2018 on Saturday.

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Lithuania to renew ruling coalition next week: party leader

April 21st

Lithuania's ruling Farmers and Greens Union and newly created Lithuania's Social Democratic Labor party are negotiating a new coalition agreement which should also lead to solving current problems within the government, Gediminas Kirkilas, chairman of LSDDP, said on Friday. "We expect to sign it next week," Kirkilas said in an interview with a local website VZ.lt.

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U.S. LNG gets a big cheer in one of Russia's small neighbors

April 19th

Lithuania, the Baltic state that used to be completely dependent on gas piped in from Russia, is turning to LNG from Norway to the U.S. to help negotiate better prices from its former Soviet ruler. The country of just 2.8 million people is now the biggest European buyer of U.S. LNG after Spain and Portugal.

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Portugal to lead NATO's Baltic air policing mission

April 18th

Portugal will take over the leadership of NATO's Baltic air policing mission from Denmark on May 2, NATO said in a press release Wednesday. NATO Baltic air policing missions have been carried out since 2004 with NATO allies taking turns deploying their interceptors and staff in the Baltic states in a four-month rotation.

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Siauliai Church

April 17th

OEiauliai is in northern Lithuania. This is the Catholic church of St Peter and St Paul at blue hour.

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Delfi

PM feels "reserved" about his party's dropping ratings

April 23rd

Lithuanian Prime Minister Saulius Skvernelis says he is not worried about his political party's dropping popularity ratings.

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Ukraine to launch train from Riga via Vilnius, Minsk to Kiev, LG says talks ongoing

April 23rd

As Ukraine plans to soon launch a Kiev-Minsk-Vilnius-Riga passenger train, Lietuvos Geležinkeliai (Lithuanian Railways) says negotiations on the matter are still underway.

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Trust in Seimas, govt, parties in Lithuania is very low – survey

April 23rd

People in Lithuania traditionally trust fire fighters, the police and the army, and don't trust political parties, the Seimas and the government, according to the latest survey, carried out by the Vilmorus pollster for the Lietuvos Rytas daily, published on Saturday.

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TS-LKD widens gap with "farmers" – survey

April 23rd

The opposition Homeland Union – Lithuanian Christian Democrats remain the most popular party in Lithuania and its lead over the ruling Lithuanian Farmers and Greens Union (LVŽS), which came in second in April, has increased, according to a new survey by Vilmorus pollster for the Lietuvos Rytas daily, published on Saturday.

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Dealing with real and fake news in the age of ubiquitous media

April 23rd

Media can be a veritable minefield these days and the European Business Network invited its members and business breakfast guests to learn a little about talking to and consuming the media. The speaker, Ludo Segers, gave a fascinating presentation about the state of affairs and offered some valuable insights into “what to do when you become the news”.

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Other sources

In March, industrial production in Lithuania increased by 2%

April 23rd

Statistics Lithuania informs that in March 2018, … at 65.2%, on the Lithuanian market – increased by 0.9 … of industrial production on the Lithuanian market increased by 12.3 …

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Cheaper business opportunities probably lead to Barclays' decision in Lithuania

April 23rd

… of successful foreign investments in Lithuania, therefore, public disappointment would be … from Invest Lithuania shows that 71 service centers operated in Lithuania in … Nasdaq have technology centers in Vilnius, and Swedbank has a non-financial …

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Lithuanian tourist Liga's family demand high level probe into her death

April 23rd

THIRUVANANTHAPURAM: The family of a Lithuanian tourist, whose highly decomposed body …

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Ukraine to launch train from Riga via Vilnius, Minsk to Kiev

April 23rd

… Kiev-Minsk-Vilnius-Riga passenger train, Lietuvos Gelezinkeliai (Lithuanian Railways) says negotiations on the … for Lietuvos Gelezinkeliai, told BNS Lithuania. Ukraine's Deputy Minister … take a direct train from Vilnius to Riga or Tallinn.

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Lithuania closely following situation in Armenia

April 22nd

… of Lithuania, referred to the situation in Armenia on Twitter: “#Lithuania is … assembly must be released immediately.” #Lithuania is closely following situation in …

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Baltic News Network

Week in Lithuania. Economists, trade unions cautious about tax, pension reform plans

April 22nd

Lithuanian economists and trade union officials say that the government's planned tax and pension system reform unveiled on Monday, April 23, will lead to a rise in wages, but will not help drastically curb emigration.

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Major political corruption case reaches court in Lithuania

April 19th

A major political corruption case with involving MG Baltic, one of Lithuania's largest business groups, and two political parties, the Liberal Movement and the Labour Party, has reached Lithuanian court this week.

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Lithuania asks Russia to explain patrol ship’s breach of country’s border

April 18th

Lithuania has submitted a note to Russia, requesting explanations regarding a border breach incident on Monday, 16 March, when a Russian patrol ship crossed the two country’s border and spent at least two minutes in Lithuania’s territorial waters.

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Week in Lithuania. Government to unveil new measures against shadow economy

April 15th

The Lithuanian government will next week unveil a set of measures to counter the shadow economy, Finance Minister Vilius Šapoka said on Thursday, April 12.

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Lithuania’s middle class: if you make 1,000 euros, then you are in it

April 12th

According to a new poll, every third Lithuanian resident views himself or herself as part of the country‘s budding middle class, but, well, who can claim the coveted spot?

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