Latviski English По-русски
Friday 20.04.2018 | Name days: Mirta, Ziedīte

European Commission turns against Lithuanian railway company

The European Commission (EC) has begun its investigation against Lithuania's railway company AB Lietuvos geležinkeliai (LG). The goal of the investigation is to determine whether or not the company has limited competition opportunities for Lithuanian and Latvian companies and violated EU rules when disassembling part of its railway.

Lithuania seeks buyer for Ukio

Lithuania’s central bank is moving quickly to clear up the country’s latest banking collapse after Ukio Bankas, the country’s sixth-largest lender by assets, was declared insolvent and had its licence terminated.

Swedes generally satisfied with Baltic business climate

A study of Baltic business climate made by the Swedish Trade Council based on interviews made in 147 Swedish companies that operate in the Baltic countries showed that they were generally satisfied with this region as a place for doing business.

Lithuania's unemployment at 4-year low

Lithuania's official unemployment rate fell to 13.2%, a 4-year low, from 15.3% a year earlier.

Lithuanian President allows the holding of second referendum on Visaginas NPP

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.

Lithuania forecasts January inflation will slow to 2.8%

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.

Citadele Bank Lithuania unit reduces registered capital by half

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.

Lithuania's Central Bank: we will need to delay euro

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.

Lithuania has new candidate for the post of Prime Minister

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 holds up new government

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.

Provisional results: left wing populists win the elections in Lithuania

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.

Lithuanian pre-election mood: leaders vow to put off euro

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.

International University Rankings now include three Lithuanian universities

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 - whistleblower in Gazprom probe

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.