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July182019

Survey: Cyberattacks and RE bubbles pose the biggest threat to financial institutions

According to Lithuanian financial institutions, cyberattacks and real estate (RE) bubbles will pose the major risk to the country’s financial system over the upcoming 6 months. The latest survey of financial institutions conducted by the Bank of...

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July182019

UK startup Velocity Black setting up technology center in Vilnius

… its first technology center in Vilnius, which will create new jobs … with local universities, Invest Lithuania said The Vilnius team "will be … company chose Vilnius for its first technology center because of "Lithuania…

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July182019

President to nominate Skvernelis for Prime Minister after courtesy resignation

Lithuania's new President Gitanas Nauseda is expected to nominate on Thursday Saulius Skvernelis for reappointment as prime minister by the parliament.

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July182019

Lithuanian president nominates Skvernelis for reappointment as PM

Lithuanian President Gitanas Nausėda nominated Saulius Skvernelis to continue as prime minister on Thursday.

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July182019

Lithuania's chief forest officer resigns second time

Marius Pulkauninkas is set to leave the post of Lithuania's chief forest officer on August 1 after handing in his second resignation letter to Environment Minister Kęstutis Mažeika last Friday.

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July182019

Lithuanian PM expects LNG terminal charge to be cut in December

Lithuanian Prime Minister Saulius Skvernelis expects … Klaipedos Nafta, complained to the Lithuanian president, the prime minister and …

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July182019

Two Lithuanians clean up Manchester canal – 'It's just annoying'

They bought a £50 dinghy, a £20 licence to allow them on the water and some bin bags before setting out into the filthy water of Rochdale Canal.

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July172019

Research Deliver Insight into Sierra Leone - Telecoms, Mobile and Broadband Market Market 2019-2025

WiseGuyReports.com “Sierra Leone - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to its Research Database. PUNE, MAHARASTRA, INDIA, July 18, 2019 /⁨EINPresswire.com⁩/ -- WiseGuyReports.com “Sierra Leone - Telecoms …

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July172019

Prime Minister: several ministers to be replaced in Cabinet reshuffle

Lithuanian Prime Minister Saulius Skvernelis says more than one ministers will be replaced in the Cabinet's reshuffle, which follows the return of powers to the new president, Gitanas Nauseda.

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July172019

Pulkauninkas resigns as chief forest officer

Marius Pulkauninkas is set to leave the post of Lithuania's chief forest officer on August 1 after handing in his second resignation letter to Environment Minister Kestutis Mazeika last Friday.

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July172019

Prime Minister expects LNG terminal charge to be cut in December

Lithuanian Prime Minister Saulius Skvernelis expects that the Energy Ministry's row with Achemos Grupe over plans to transfer Klaipedos Nafta's LNG business to a separate company will not prevent the government from taking decisions that are necessary for cutting the LNG terminal-related burden for consumers starting in December.

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July172019

Tele2 Lithuania revenues climb to SEK 648 mln in Q2

Mobile operator Tele2 Lithuania said revenues totaled SEK 648 … million. During the quarter, Tele2 Lithuania migrated postpaid customers from legacy …

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July172019

Nida politicians make money by subletting public housing to tourists – LRT Investigation

While families in Nida, Lithuania's prime Baltic Sea resort, are waiting for social housing, members and friends of the town's administration are making money by subletting their municipality-owned flats to holidaymakers, the LRT Investigation Team has found.

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July172019

Mission Siberia team departs Vilnius to tend Lithuanian deportees' graves – photos

Participants of the annual Mission Siberia departed for Kazakhstan after a ceremony at Vilnius Railway Station on Wednesday.

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July172019

Lithuanian Railway will not terminate contract with Sigmen

Lithuanian state railway company Lietuvos geležinkeliai will not terminate its contract with Latvian company Sigmen, which is one of the region’s largest Russian width standard rail suppliers even though Lithuanian media had reported last month that the company is controlled by an ex-KGB officer Yuri Simonenkov, who may or may not have ties with Russia’s political leaders.

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LRT

Lithuania's Nausėda 'ready' to improve Belarus relations, despite nuclear plant 'in place'

July 17th

Lithuanian President Gitanas Nausėda says he's ready to improve relations with Belarus, but vows to preserve the strict position on blocking power produced by the Astravyets nuclear plant.

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Swedbank's alleged links to Syrian chemical weapons programme 'being analyzed' by Lithuanian central bank

July 17th

The Central Bank of Lithuania says it has no information to confirm claims by Swedish media on links between Swedbank group, its bank in Lithuania, and Syria's chemical weapons programme. However, the central bank is looking into information about the links with Syria.

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Lithuanian cabinet reshuffle will require additional vote in parliament

July 17th

Lithuania's Prime Minister Saulius Skvernelis says that more than one minister will be replaced in his Cabinet as part of a reshuffle which follows the return of powers to the new president, Gitanas Nausėda.

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Lithuanian military seeks €39m pollution response, search and rescue vessel

July 17th

Lithuanian Military has called a public procurement tender for a pollution response, and a search and rescue vessel, with a preliminary purchase value of 39.4 million euros.

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Nausėda on Ursula von der Leyen's appointment: narrow margin gives Lithuania strong negotiating position

July 17th

German defence minister Ursula von der Leyen was confirmed as the president of the European Commission on Tuesday night in the European Parliament. Lithuanian President Gitanas Nausėda has welcomed the vote.

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Bankruptcy of national cinema awards shocks Lithuanian filmmaking community

July 17th

It came as a shock to the Lithuanian filmmaker community when they learned this week that the national film awards were cancelled. The Silver Cranes, as the ‘Lithuanian Oscars’ are called, have been in existence for a decade and have come to be an important institution that must be continued, film professionals insists.

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Divisive Polish-minority issue escapes Nausėda’s promises in Warsaw meeting

July 17th

Lithuanian President Gitanas Nausėda said during his visit to Poland he couldn't give promises that Lithuania would legalize the original spelling of Polish names on identity documents.

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Mission Siberia departs for Kazakhstan after being denied Russian visas

July 17th

Participants of the annual Mission Siberia are set to leave for Kazakhstan from Vilnius Railway Station on Wednesday.

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Synagogue Square Memorial to be unveiled in Lithuania's Jurbarkas

July 17th

The Synagogue Square Memorial for communities that co-existed for centuries in Jurbarkas, western Lithuania, will be unveiled on Friday, the local municipality announced on Tuesday.

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Women in Lithuania's new cabinet ‘matter of negotiations’, president says

July 17th

Lithuanian President Gitanas Nausėda plans to discuss the government formation with representatives of the ruling parties later this week. He said he wanted to see women represented in the new cabinet, but suggested it would not be his top priority.

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Bank of Lithuania

GovTech Lab: Join the Bank of Lithuania to create a RegTech solution

July 16th

Launched at the beginning of July, the GovTech Lab starts its operation: seeking to reduce the administrative burden, the Bank of Lithuania is looking for an innovative solution that would allow obtaining the necessary data and automatically...

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Rapid growth in imports of goods led to an increase of current account deficit

July 11th

Balance of Payments of the Republic of Lithuania May 2019

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Bank of Lithuania together with central banks of Germany and Poland implemented EU Twinning Project in Belarus

July 10th

The central banks of three EU countries – Lithuania, Poland and Germany successfully implemented the EU Twinning Project ‘Strengthening the National Bank of the Republic of Belarus’ during which they conveyed their experience to the National Bank of...

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New €2 coin to make sutartinės known across Europe

July 9th

Today, the Bank of Lithuania will issue into circulation the €2 commemorative coin dedicated to sutartinės , Lithuanian multipart songs, inscribed on the UNESCO Representative List of Intangible Cultural Heritage of Humanity.

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LBChain project: six financial products already being tested

July 4th

The Bank of Lithuania’s blockchain-based LBChain platform developers, together with FinTechs from Lithuania, Belgium, Poland and Finland, have been testing six different financial products within their LBChain prototypes.

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Delfi Business

Central bank has no info on Swedbank's links to Syria's chemical weapons

July 17th

The central Bank of Lithuania says it has no information to confirm claims by Swedish media about the links of the country's financial group Swedbank and its bank in Lithuania with Syria's chemical weapons program.

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UK-based tech firm establishing developer team in Vilnius

July 17th

The rapidly growing UK-based tech firm Velocity Black is establishing a developer team in its brand new technology centre in Lithuania’s capital Vilnius, Invest Lithuania announced.

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Vilnius to buy 50 new buses for EUR 19 mln

July 16th

Vilnius will buy 50 new low-floor buses for 19.39 million euros from Adampolis, the Lithuanian partner of Germany's MAN, one of the largest bus and truck producers in the world, after it won the municipal tender.

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Viciunai establishes enterprise in Tbilisi hoping to double sales

July 16th

Viciunu Grupe (Viciunai Group), a business group controlled by Visvaldas Matijosaitis, mayor of Lithuania's second-largest city of Kaunas, has established a sales company, Vichiunai Sakartvelo, in the Georgian capital.

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Changes in option taxation prepared

July 16th

The Parliament of the Republic of Lithuania approved an amendment to the Law on Personal Income Tax submitted by the Ministry of the Economy and Innovation, which lays down more favourable conditions for option taxation – employees who have retained the shares of the company acquired through options for more than three years will not be subject to personal income tax, Startup Lithuania writes.

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Lithuania plans to set aside funds for deep radioactive waste repository

July 15th

Lithuania plans to start accumulating funds to build a deep repository for spent radioactive waste from its Ignalina Nuclear Power Plant, which is currently the only safe way to dispose of such waste.

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US experts checking Lithuania's egg producer

July 15th

US experts have on Monday started inspecting Lithuania's egg producer Baltic Egg Production, part of Lithuania's Viciunu Grupe business group, willing to export eggs and their products.

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Finance Minister: we need to finish started work

July 15th

Lithuania's Finance Minister Vilius Sapoka has so far declined to say if he plans to continue working in the Saulius Skvernelis government, underlying, however, that the started work needs to be finished.

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Available office space in Vilnius is set to double in coming years

July 15th

In recent years the average vacancy rate for offices in Vilnius has been about 3 percent, one of the lowest rates in Europe. The indicator’s remaining stably low for some time has led more and more real estate developers to focus on office expansion in Vilnius, and that means free office space in the Lithuanian capital will grow. The vacancy rate in Vilnius is forecast to gradually rise in coming years to the European average of 7 percent, international real estate advisors Newsec write in their “Vilnius Office Outlook” market report for the second quarter of 2019, Newsec writes in a press release.

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Court sanctions block of Sputnik's Lithuanian website

July 12th

A Vilnius court has on Friday sanctioned the block of Russian news agency Sputnik's Lithuanian website over copyright infringements.

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Delfi Politics

Nauseda to discuss future government with ruling parties

July 17th

Lithuanian President Gitanas Nauseda plans to discuss the government formation with representatives of the ruling parties later this week, and also plans to seek the appointment of women to the new government.

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Parliament will not consider LRT ad ban bill

July 16th

Lithuanian lawmakers decided on Tuesday not to consider a proposal to ban all advertising on the national radio and television (LRT) and its news website.

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Parliament approves e-residency status for foreigners

July 16th

The Lithuanian parliament passed on Tuesday a legal amendment that will allow foreigners to obtain the status of an e-resident starting in January 2021.

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Nauseda backs Poland in judicial reform dispute with Brussels

July 16th

Lithuanian President Gitanas Nauseda on Tuesday said he's against the proposal for the European Union to impose sanctions on Poland over its judicial reforms which, critics say, violate judicial independence.

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Ruling party's leader wins confidence vote

July 16th

Ramunas Karbauskis, leader of the Lithuanian Farmers and Greens Union (LFGU), won a confidence vote by his party's council on Monday evening.

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Other sources

Large vessel brining Total's LNG to Lithuania's Klaipeda

July 17th

… Orinta Barkauskaite, spokeswoman for the Lithuanian LNG terminal's … Klaipedos Nafta, told BNS Lithuania. Based on the information … available to BNS Lithuania, the Total shipment is … which is part of Lithuania';s raw materials supply …

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Lithuania introduces e-residency to boost foreign investment

July 17th

VILNIUS, Lithuania (AFP) — Lithuania';s parliament voted yesterday … the right to travel to Lithuania. “We must go along with … money laundering and terrorism financing. Lithuania is following the trail blazed …

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Lithuania's Achemos Grupe turns to president, PM, Brussels in Klaipedos Nafta row

July 16th

… Oil), has turned to the Lithuanian president, the prime minister and …

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Vilnius to buy 50 new buses for EUR 19 mln

July 16th

Vilnius will buy 50 new low- … million euros from Adampolis, the Lithuanian partner of Germany's … /BNS. Vilniaus Viesasis Transportas (Vilnius Public Transport) and Adampolis signed … hybrid buses soon. Now in Vilnius, 250 new buses and 41 …

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Lithuania president against any EU sanctions for Poland

July 16th

… Czarek Sokolowski, AP Lithuanian First Lady Diana Nausediene, Lithuanian President Gitanas Nauseda … , 2019. less Lithuanian First Lady Diana Nausediene, Lithuanian President Gitanas Nauseda … and received an invitation to Vilnius in the fall for observances …

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Baltic News Network

Lithuanian Railway will not terminate contract with Sigmen

July 17th

Lithuanian state railway company Lietuvos geležinkeliai will not terminate its contract with Latvian company Sigmen, which is one of the region’s largest Russian width standard rail suppliers even though Lithuanian media had reported last month that the company is controlled by an ex-KGB officer Yuri Simonenkov, who may or may not have ties with Russia’s political leaders.

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Nausėda, visiting Poland, urged to get more personal than Grybauskaitė

July 16th

Gitanas Nausėda, the new Lithuanian President, is in Poland on his first official visit abroad. Lithuanian political experts have commented to LRT, what should be the aim of the visit.

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Week in Lithuania: Nausėda, a new President, inaugurated, Skvernelis stays as PM, mayor handcuffed

July 14th

Last week, Kaunas marked 75th anniversary of ghetto liquidation, Nausėda presented his team, MPs initiated simpler MP mandate revocation procedures.

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Gitanas Nausėda officially becomes President of Lithuania

July 12th

On Friday, 12 July, Lithuania’s newly-elected President Gitanas Nausėda is giving his solemn vow, taking the reins from previous president Dalia Grybauskaitė, who remained in this post for ten years.

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Ukrainians hungry for Lithuanian jobs, but some end up here in deeper misery

July 11th

Once a country of EU record-high emigration, Lithuania has recently become a new home for thousands of Ukrainians, who come here in search for a better life. According to the Lithuanian Migration Department, the number of Ukrainians living in Lithuania has rocketed by almost 42 per cent in 2018, making them the largest foreign community in Lithuania.

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Delfi Culture

Mission Siberia participants started their journey to Kazakhstan

July 17th

Participants of the annual Mission Siberia left for Kazakhstan from Vilnius Railway Station on Wednesday.

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Archeologists find two column bases of Great Synagogue of Vilnius

July 13th

Archeologists have found the bases of two columns of the Great Synagogue of Vilnius, Vilnius Municipality announced on Friday.

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Music and beyond: Kaunas Piano Fest

July 12th

The young yet ambitious event aims to bring young, emerging pianists from all over the world to Kaunas, invites visit.kaunas.lt.

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Exhibition and concert to commemorate liquidation of Kaunas Ghetto

July 12th

The Kaunas Ghetto was burned in July 1944. Around 5000 people were transferred to concentration camps, and only a few hundred managed to escape.

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Lithuanian films and talents will be seen in Karlovy Vary Festival

June 28th

On Friday starts International Karlovy Vary Film Festival, which is full of Lithuanian accents: in the competition program, there will be several Lithuanian and co-production films, Lithuania has its representation in the jury and the industry event “Work in progress”. This year the biggest Czech cinema festival, which happens in Karlovy Vary tourist town, will surprise its enthusiastic film lovers crowd from the 28th of June till 6th of July.

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