Delfi

Lithuania's DIY growth fuelled by competition and trust in the economy

Even though all Lithuanian real estate market segments showed growing numbers, DIY (Do It Yourself) shopping centers were especially successful. The main reason for the significant changes in this market segment was the arrival of a new market player and the established players' reaction to the newcomer's moves. Active DIY development also signifies the developers' trust in the country’s economic situation, as well as the likelihood of international DIY giants paying attention to the Lithuanian market.

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Lithuanian central bank issues e-money license to Chinese controlled payment company

The Bank of Lithuania issued on Wednesday an e-money license to Chinese controlled payment company Paytend Europe amid the country's efforts to become a payment gateway between China and the European Union.

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Millions around the world support initiative urging Amazon to scrap goods with Soviet symbols

The terrible Soviet crimes against occupied Baltic nations and ignorant attitude towards history were discussed and broadcasted to a wide international audience on Thanksgiving. The programme on CNN was about insensitivity showed by Jeff Bezos and his Amazon Inc. to millions upon millions of Soviet crimes victims and their descendants. The #WhyNotSwastika campaign started after the Baltic States’ people discovered that the most popular American retail companies are selling goods with Soviet symbols. Some responded to it but the retail giant Amazon has ignored this plea so far.

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Lithuanian film tax incentive to be increased to 30%

Yesterday in Tallinn, during a special presentation at Industry@Tallinn & Baltic Event, Rolandas Kvietkauskas, the director of the Lithuanian Film Centre, presented to the international film community the results and future outlook of the government’s tax incentive for film production in Lithuania – the national tax incentive will rise to 30% in 2019. Kvietkauskas and producer Gabija Siurbytė (Dansu Films) discussed cases of successful tax incentive use, the scheme’s future prospects and important details filmmakers should know about the measure.

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Seimas discussed the future of the EU

At its siting, the Seimas held a discussion on the future of the European Union (EU), including the current situation in the EU, recent developments in the EU, EU policy aspects and challenges with the greatest potential effect on Lithuania, a Seimas press release states.

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Seimas committees condemn Russian aggression against Ukraine

The Committee on Foreign Affairs and the Committee on National Security and Defence of the Seimas of the Republic of Lithuania have released a joint statement condemning Russian actions against Ukrainian Navy ships on 25 November, 2018.

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Mindaugas Jurkynas. Not waiting for Godot: Lithuania and Poland tomorrow

Last month, the seventh Lithuanian and Polish policy and foreign affairs expert meeting was held in Birštonas.

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Sorcery and witchcraft in the Grand Duchy of Lithuania

Even though there was no Inquisition in the Grand Duchy of Lithuania, witch processes and trials were known to be held as a continuous practice. Witch trials were judged by secular courts such as the gentry court (the castle and the land) and the town court (that of the reeve and the magistrate). This process in GDL was undertaken on a significantly smaller scale than in the countries of West Europe.

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National Prize winner Gintaras Makarevičius: “The language of painting has its own grammar”

Everyone experiences time differently. Some trace it, others go with the flow or revel in anticipation. An artist documents. On November 27, the gallery Meno Niša is presenting The Time Catcher, an exhibition of paintings by the National Prize winning artist Gintaras Makarevičius.

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“Farmers” bring out their secret weapon in the Vilnius mayor elections

Lithuanian Farmers and Greens Union (LVŽS) deputy chairman, Minister of Economy Virginijus Sinkevičius confirmed to lrt.lt that part of the LVŽS Vilnius city branch has offered him to run for Vilnius mayor in next year’s municipal elections. V. Sinkevičius has not yet revealed whether he would like to participate in the elections, however he assures that the office of minister of finance would not preclude him from being a candidate, lrt.lt writes.

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Lithuanian farmers to protest in Brussels over direct payments, equal treatment

Lithuanian farmers are to attend a protest in Brussels in December requiring higher direct payments and equal treatment, the head of the country's Chamber of Agriculture said on Tuesday.

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Agreement on EU's next multiannual budget before mid-2019 tough to achieve: Lithuanian diplomat to EU

The European Union is facing tense negotiations on its next multiannual budget, and the goal to reach the agreement before the next European elections might be challenging to achieve due to various factors including Brexit, Jovita Neliupšienė, Lithuania's ambassador to the EU, said on Tuesday.

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Safe electronic banking: how to protect your account from fraudsters?

Today, we cannot imagine our lives without being able to pay for goods and services with our card or through electronic banking. Making financial transactions has become much easier and faster. Do these improvements come at a cost of security? Below, Tomas Stamulis, the Information Security Management Team Lead at ATEA, describes the fundamentals of security in electronic banking.

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China supports necessary WTO reforms: Chinese MOFCOM

China supports necessary reforms of the World Trade Organization (WTO), raising three fundamental principles and five proposals concerning such improvements, the Chinese Ministry of Commerce (MOFCOM) said Friday.

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NKT to grow its IoT team in Kaunas

NKT, a leading global power cable manufacturer, and THINKT, an innovation hub backed by the Danish company, are bringing their joint competencies to Kaunas where they are establishing a digital project development team. The new site will collaborate with the THINKT hub in Berlin to support and develop new projects for the energy industry, a press release from Invest Lithuania states.

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American research shames Lithuania – our ratings are particularly “Eastern”

Based on the newest data from Eurobarometer, of all the EU member states, Lithuanians trust the Union the most. Almost 80% of the citizens agree with closer integration. Lithuania was especially happy with Pope Francis’ advice to “become a bridge between East and West Europe.”

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No clear statistics on number of cases and form of violence against children

With Lithuania continuously shocked by cases of violence against children, there is no accurate statistics on how many children have suffered and from what form of violence. This is because the information is gathered in differing databases and there is no compilation of the data. The Seimas Suicide and Violence Prevention Commission has proposed to start compiling such figures because statistics could help better establish whether current legislation works and the frequency and form of violence, lrt.lt writes.

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LOT wins contest for business flights from Vilnius to London

From the spring of the next year, LOT Polish Airlines will be flying passengers from Vilnius to one of the world's largest financial centres in London City, after winning the international public contest of Lithuanian Airports. The purpose of this unique contest was to remove the geographical barrier between the business communities of Lithuania and the United Kingdom, and help promote investment, a press release from Lithuanian Airports states.

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LRT complains to journalist ethics inspector over S. Jakeliūnas’ statements

The LRT has complained over the MP’s statement, which has harmed the Lithuanian national broadcaster’s formal reputation, lrt.lt writes.

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Kęstutis Girnius. The Conservatives’ youth need adult supervision

From the very start it was not clear to me, why the Homeland Union – Lithuanian Christian Democrats (TS-LKD) party veterans rushed the Facebook generation into party leadership, especially their raising of political newcomer Gabrielius Landsbergis into the position of party chairman.

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