Delfi

Lithuania celebrates its Independence Day

All Lithuania has celebrated its national day on February 16. On this occasion we would like to congratulate all Lithuanians and everybody who cares about Lithuania! See some great moments from this celebration. Happy 101 birthday, Lithuania!

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Lithuania’s membership in the OECD: benefits are already here*

On 5 July 2018, Lithuania officially became the 36th member of the Organisation for Economic Co-operation and Development (OECD). It was symbolic that at the time when Lithuania deposited its instrument of ratification of the accession with the French government, the depository of the OECD Convention, OECD Secretary-General Angel Gurría was on a mission to Vilnius.

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Marius Jakulis Jason's non-profit foundation will support Lithuanian future talents

Lawyer and investor Marius Jakulis Jason is establishing a non-profit foundation (MJJ Foundation) with an initial capital of 3.5 million euros. It is intended to provide financial support to talented businessmen, academics and students who can and want to contribute to the growth of the Lithuanian economy.

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Lithuanians love sushi – last year they bought twice as much as a year before that

As foreign cuisine grows more popular in Lithuania, some of those dishes are becoming an irreplaceable part of people’s diets. One of the most popular dishes among Lithuanians is Japanese sushi. Demand nearly doubled over the last year. According to retailers, it’s easy to explain the secret behind the popularity of sushi – Lithuanians value the dish because of its flavour and because of how healthy it is.

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Tallinn and Helsinki are joining together. When Vilnius and Kaunas will follow?

The distance between Tallinn and Helsinki is the same as from Vilnius to Kaunas. Estonians and Finns are working on a joint communication system which would enable them to travel the distance of 100 km in 20 minutes.

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Smaller Seimas would easier succumb to control by large agribusinesses - MP Armonaitė

Aušrinė Armonaitė, Member of the Seimas, claims that the initiative of the Government to reduce the number of Members of the Seimas to 121 is a cheap trick in the presidential election campaign of the Lithuanian Farmers and Greens Union that shakes the very foundations of parliamentarianism and might strengthen the position of groups of influence in the Seimas.

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Lithuania to hold referendum to cut size of parliament

The Lithuanian parliament decided on Feb 14 to hold a referendum to cut size of the country's parliament from 141 to 121.

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Agnia Grigas: Lithuania is not an “energy island” anymore

Lithuanian Foreign Policy Review sat down with Dr. Agnia Grigas, who is a leading international expert on energy security and foreign policy, in order to talk about the future of the Nord Stream 2 pipeline, U.S. efforts to increase its natural gas exports to Europe and to discuss Lithuania’s energy policy achievements.

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Kaunas FEZ launches an innovative service: forklift sharing point

At the beginning of March, innovative forklift-sharing service will be launched in the territory of Kaunas Free Economic Zone. Alwark company, which has been providing loading and warehousing services as well as sales and rent of equipment in the Baltic countries has decided to establish a forklift sharing point where companies operating in Kaunas Free Economic Zone will be able to rent a forklift without any middlemen.

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Lithuania now has substantial legal arguments to deny access for electricity produced in the unsafe Astravyets Plant

On 7 February 2019, the Meeting of the Parties to the Convention on Environmental Impact Assessment in a Transboundary Context (Espoo Convention) in Geneva definitively concluded that during the construction of the Astravyets Nuclear Power Plant (NPP) in the vicinity of the Lithuanian border and Vilnius, Lithuania’s capital city, Belarus had infringed three articles of the Convention thus failing to justify the selection of the construction site and consult with the countries that are most likely to be affected.

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Vytautas Bakas: ‘We need to be more receptive to the needs of servicemen’

The Committee on National Security and Defence of the Seimas of the Republic of Lithuania held a meeting to hear the presentation on the most recent studies by the Military Academy of Lithuania into the attitudes of Lithuania’s population, young people and soldiers towards military service as well as into the motivation of professional military soldiers and conscripts called up to initial mandatory military service.

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Lietuvos Energija calls for strategic partners to develop offshore wind energy projects

Lietuvos Energija, one of the largest state-owned energy companies in the Baltic States, announces international search for a strategic partner to develop offshore wind energy projects. Lithuanian company has initiated an Expression of Interest (EOI) process to select an experienced partner for the development of projects in the European Economic Area.

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Internet entrepreneurs misleading the authorities

The State Tax Inspectorate (hereinafter referred to as the STI) hereby informs that the operational analysis of Lithuanian residents who trade in online marketplaces and offer services on sharing economy platforms, which has been carried out by the Bussines in Electronic Area and By Electronic Means Control Division, revealed more than 1.5 million of undeclared income. It is an interesting fact that some people who use electronic means for business purposes not only “forget” the income they have received, but also try to hide their mistakes from the tax administrator in the most unusual ways, for example, by editing or completely deleting parts of publicly available information.

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Police seize hashish cargo worth 20 mln EUR

The Lithuanian police announced on Wednesday that they have seized 1.5 tons of hashish shipment worth around 20 million euros (22.6 million U.S. dollars), the largest in the country's history.

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Rail Baltica developing efficient and sustainable energy supply system

The joint venture of the three Baltic states RB Rail AS has commenced the Study for the Development of the Rail Baltica Energy Subsystem Procurement and Deployment Strategy. The contract for the delivery of the Study was signed in January 2019 with the Consortium INECO – ARDANUY, consisting of Ingenería y Economía del Transporte S.M.E. M.P., S.A (INECO) and ARDANUY Ingenería, S.A (ARDANUY). Both Consortium partners have proven experience in the railway sector and specifically in energy subsystem.

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Threat to Lithuanian business: shortage of qualified workforce

More than one third of Lithuanian entrepreneurs are not only exposed to the shortage of qualified workforce, but also view this problem as a serious threat to business. As the Map of Business Obstacles, a study initiated by Citadele bank, revealed, the situation is most complicated in Vilnius, Klaipėda and Utena regions.

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Russia may well use its usual means against Lithuania: another warning

How is Russia going to interfere in Lithuania’s upcoming presidential and municipal elections? How will Lithuania overcome the growing threat to national security? What is Russia’s role in the context of this growing threat?

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The role of Lithuania in Eastern Partnership Policy

The Eastern partnership policy, a cornerstone of the European Union in terms of developing relationships with Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine, will soon celebrate its first decade of operation. From its inception, it has been based both on values (strengthening democracy at the side of the EU) and pragmatic interests (strategic stability, development of economic relations).

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Ruling party and PM seek to undermine authority of the president

Prime Minister Saulius Skvernelis was surprised by President Dalia Grybauskaitė's decision not to appoint Irma Gudžiūnaitė to be Environment Minister. He claimed that the presidential candidate had promised a positive decision on her suitability for office. The Prime Minister claims that it will not be possible to reconcile new nominees for Environment Minister with the President, LRT.lt reported.

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Survey: approaching Brexit is not discouraging Lithuanian exporters

A customer satisfaction survey conducted by Enterprise Lithuania shows that the United Kingdom is one of the most attractive foreign markets despite the approaching Brexit. Every tenth Lithuanian exporter is planning to start exporting to the United Kingdom this or next year.

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