EUBusiness

Five EU states seek sanctions against Russian officials over Savchenko: Lithuania

Five EU states have proposed sanctions against Russian officials responsible for the trial of hunger-striking Ukrainian military pilot Nadia Savchenko, Lithuanian Foreign Minister Linas Linkevicius said Wednesday.

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Lithuania jails army paramedic for spying for Belarus

Lithuania on Friday sentenced a former military paramedic to three years in jail for spying for neighbouring Belarus, the second such case in just four months amid tension between the West and Russia.

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Britain could hold EU vote before summer break: minister

Britain could hold a referendum on its EU membership before the summer holidays, a senior minister said Friday, but warned that fears triggered by the bloc's record refugee crisis are fuelling support for a "Brexit".

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Illegal cigarette factory in Lithuania raided

An illegal cigarette factory in Vilnius, capable of producing at least 1000 cigarettes a minute, has been raided and closed down in an operation mounted by Lithuanian Customs supported by OLAF.

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Lithuania, Poland warn EU over closer trade ties with Russia

Lithuania and Poland have warned Brussels against sending "encouraging" signals to Moscow over closer trade ties with a Russian-led bloc amid tensions over Ukraine.

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Alternating current: Baltic electricity plan turns tables on Russia

When Lithuania inaugurates two electrical links to the West on Monday, it will launch a process that will reduce its reliance on Russian electricity, and one day could make Russia dependent on the Baltic grids.

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Tax Facts & Figures 2010

The PricewaterhouseCoopers guide "Tax Facts & Figures 2010 Lithuania" provides information about doing business in Lithuania, social security, taxes, accounting, etc.

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EU Financial assistance for the decommissioning of nuclear plants in Bulgaria, Lithuania and Slovakia: Achievements and Future Challenges - ECA Special Report No 16/2011

In the framework of the EU accession negotiations, Bulgaria, Lithuania and Slovakia committed to the early closure and decommissioning of eight nuclear reactors, thus facing a significant production capacity loss. The Court assessed the effectiveness of the EU financial assistance (2 850 million euro up to now) in supporting recipient countries’ efforts to decommission their closed nuclear reactors and to address the consequences of the early closure. The Court found that progress has been slow, no comprehensive assessment of future needs exists, and available funding is plainly insufficient. The Court recommended making conditional any further support upon an evaluation of the EU added value.

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Lithuania says can take in 250 refugees, migrants

Lithuania said Wednesday it has decided to resettle up to 250 Syrian refugees, migrants and asylum seekers transferred from Italy and Greece, as the European Union grapples with how to handle a crisis in the Mediterranean.

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Russia releases Lithuanian trawler after EU spat

A Russian court has released a Lithuanian trawler whose seizure sparked a spat between Brussels and Moscow last year, the boat's owners said Monday.

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Lithuanian 'aviator' bill gains wings in gay circles

Lithuania abandoned the litas Thursday when it became the 19th country to adopt the euro but at least one of the old bills is still in vogue, a gay activist said Friday.

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Lithuania joins eurozone to seal ties with West

Lithuania switched over to the euro on Thursday, becoming the last Baltic nation to adopt Europe's single currency in a bid to boost stability despite fears of inflation and eurozone debt woes.

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Lithuania joins eurozone to seal ties with West

Lithuania switched over to the euro on Thursday, becoming the last Baltic nation to adopt Europe's single currency, in a bid to boost stability despite fears of inflation and eurozone debt woes.

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Lithuania joins eurozone to seal ties with West

Lithuania switches over to the euro on Thursday, becoming the last Baltic nation to adopt Europe's single currency, as it hopes to boost stability despite fears of inflation and eurozone debt woes.

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Lithuania adopts euro to cement ties with the West

Lithuania hopes joining the eurozone on January 1 will boost its security at a time of heightened anxiety over Russia, but many in the Baltic state fear the currency switch will also bring price hikes.

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Lithuania and the euro

Lithuania joined the European Union in 2004 and is currently preparing to adopt the euro.

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Lithuanians get 'euro starter kits' month before switch

Lithuanians on Monday began getting familiar with their new currency as one million "euro starter kits" filled with new coins went on sale ahead of the full switch over to the euro on January 1.

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Fifteenth report on practical preparations for the euro

It is only a few weeks to go until Lithuanians start using euros to pay for everyday transactions in their country. On 1 January 2015, Lithuania will become the 19th member of the euro area, which will then encompass all three Baltic States. On 21 November, the Commission adopted its fifteenth report on the practical preparations for the changeover, assessing the progress made up until the end of September 2014.

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EUR 28m package for Baltic Milk Producers

The European Commission on 18 November confirmed its intention to adopt a EUR 28m support package for milk producers in Estonia, Latvia and Lithuania. This new package is the latest in a series adopted by the Commission in response to the Russian ban on the importation of certain EU agricultural products.

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Baltic trio to seek 3bn euro from EU for Rail Baltica

The three Baltic states on Tuesday signed a joint venture for Rail Baltica, a long-discussed European-standard gauge railway that aims to connect the region to the rest of Europe by 2025.

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