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Saturday 21.10.2017 | Name days: Severīns, Urzula
LithuaniaLithuania

Lithuanian means of enrichment: luxury taxation

Lithuanian Prime Minister Andrus Kubilus believes that the country’s budget would receive a benefit of approximately 100 million LTL (about 20 million LVL), by taxing expensive property: real estate, fast cars etc.

Lithuanian government cuts spending of presidency, Seimas and ministries

In 2012 budget, the Lithuanian govenrment is cutting spending of presidency, Seimas, prime minister's office and ministries, according to the Cabinet of Ministers.

Antonov can be jailed for 10 years in Lithuania and 3 years in Latvia

British Financial Services Authority once banned Snoras from entering the country on the grounds that the bank is controlled by the Russian billionaire Vladimir Antonov, The Times reported in 2009.

Prosecutor's Office could interrogate ex-president of Lithuanian Central Bank

General Prosecutor's Office of Lithuania could interrogate the former Chairman of the Lithuanian Central Bank - Reinoldius Sharkinas - about the Snoras case.

NATO to conduct flying training above Latvia

On 21 and 22 November, the tenth Baltic Region Training Event will take place in the airspace above Latvia and Lithuania. “The focus of BRTE X is on demonstrating and practising regional air integration,” says Group Captain Stephen Richards.

Kubilius accuses Snoras shareholders of financial crimes

Lithuanian Prime Minister Andrius Kubilius believes that the two leading Snoras shareholders - Russian citizen Vladimir Antonov and a Lithuanian native Raimundas Baranauskas - should be held liable for committing financial crimes.

Latvijas Krajbanka: Lithuanian Central Bank's move applies to Snoras and only

The decision of the Lithuanian Central Bank to suspend work of Snoras, which is one of Latvijas Krajbanka shareholders, applies only to Snoras exclusively. The move in no way applies also to us, according to Latvijas Krajbanka.

Lithuania suspends work of Snoras bank

Lithuania Central Bank Lietuvos bankas decided on November 16 to appoint a temporary administrator to AB Snoras bank and apply temporary preventive measures to ensure protection of the bank's assets.

84% of Lithuanians afraid to start their own business

Majority of the Lithuanian residents (84%) believe it is difficult to start business in their country, so they are not planning to do this, according to the agency Rait data.

OSCE: freedom of speech threatened in Lithuania

Dunja Mijatovic, representative on freedom of the media at the Organization for Security and Cooperation in Europe (OSCE), expressed concern regarding the initiated libel charges against Dainus Radzevicius, chair of the Lithuanian Union of Journalists.

Lithuania protests against reducing EU's subsidies

Lithuania’s Foreign Affairs Minister Audronius Azubalis has sharply criticized the European Commission's proposal to significantly reduce assistance to EU member states.

Lithuanian Seimas now in charge of football

Fifteen members of the Seimas of Lithuania have established a new parliamentary working group For the Future of Lithuanian Football.

Lithuania Prosecutor General resigns over car accident

Lithuania’s Prosecutor-General Daryus Valis is set to tender his resignation over an accident on Wednesday morning.