Lithuania should build a nuclear power plant because the country is not rich enough to allow itself to produce sufficient energy from renewable energy sources. However, if the decision is made to build the nuclear power plant, we will need to hold one more referendum, said the President of Lithuania Dalia Grybauskaite.
Lithuanian inflation under European Union methodology will probably slow to 2.8 percent from a year earlier in January compared with 2.9 percent the previous month.
The Lithuanian unit of Citadele Banka AS, Latvia’s state-owned retail lender, got central bank approval to cut its registered capital by almost half.
Taken into account victory of an anti-austerity party in the recent election, Lithuania's path to the eurozone may take longer than expected, according to the nation's central bank.
President Dalia Grybauskaite has announced that she plans to entrust the formation of the new government to the leader of social democrats Algirdas Butkevičius.
Lithuania's president Dalia Grybauskaite refused on Tuesday to allow a new center-left coalition government to be created until a top court has looked into allegations of voting fraud during the election held at the end of October.
On Sunday, October 14, the left wing Labour party received 22.67% on the parliamentary elections in Lithuania. Social democrats received 19.58%, while the ruling conservatives received 12.81% of votes.
The Lithuanian opposition party - the Social Democrats - that leads polls before October's election claims it will delay euro-adoption if it heads the next government.
The international higher education table «2012/13 ΘS World University Rankings» announced on 11th September include three Lithuanian higher education schools among 700 other universities around the world. Those mentioned are Vilnius University (VU), Vilnius Gediminas Technical University(VGTU) and Vytautas Magnus University (VDU).
Lithuania is a whistleblower in the probe the European Commission has launched in the Russian gas giant Gazprom. Lithuanian PM Andrius Kubilius says antitrust investigations only confirm the matters which the country has already repeatedly spotlighted.
Mayor of Vilnius Arturas Zuokas announced a proposal to purchase several islands from the Greek government. According to the Mayors, small uninhabited islands that are owned by the Balcan State cost no more than five million dollars each.