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Lithuania loosing its skilled workforce
Highly-qualified specialists are still leaving Lithuania, despite employers complain about the shortage of such workers.
Apple distributor: we don’t see strong gray market in Baltics
We do not see a strong organized gray market in the Baltic States, says Tomas Palšis, director of AVAD Baltic, the information technology company Apple's official distributor in the Baltics.
Lithuanian growth hits 6.1%
Lithuania’s economic growth slowed down in the second-quarter of 2011 from the previous three months as the comparison with the year-earlier period became less favorable.
Lithuanian medical students must pledge not to smoke
Applicants to the Lithuanian University of Health Sciences will have to sign a pledge not to smoke. The legally not binding contract will be signed together with an entrance agreement.
Lithuania’s economy to expand 4.9% in 2011 and 4.6% in 2012
Growth of Lithuania’s GDP will accelerate in 2011 and 2012, prices will soar more rapidly, but unemployment will slump only slowly. Market participants predict that GDP will grow by 4.9 percent in 2011 and by 4.6 percent in 2012.
Lithuania President: Latvia has not given up Visaginas NPP project
Latvia will not withhold from participating in Visaginas nuclear power plant (NPP) project, the Lithuanian President Dalia Grybauskaite indicated at the press conference on July 12. However, she added that the intensity of Latvia’s participation is still not clear.
Lithuanian auto mafia blamed in luxury car thefts in Latvia
Expensive car thefts in Latvia are mainly organized by the Lithuanian auto mafia, while Lithuania has become a transit hub for stolen cars, recognized Ints Ķuzis, chief of the State Police Riga Region Department.
1 commentOver 40% of Lithuanians using social sites
41% of Lithuania’s residents are registered at one of the many social networking sites, according to the latest survey by the agency RAIT. The most popular social site is Facebook.
Latvia ready to participate in Visaginas nuclear power plant project
The Latvian and Lithuanian Prime Ministers met to discuss the Baltic energy independence, agreeing on the need to strengthen the Baltic States’ position in the EU, jointly defending countries’ interests, including the financial outlook.
Lithuanian profits in London at homeless people expense
Several Lithuanians are recruiting homeless people in Lithuania, taking them to London to beg and depriving them most of the collected money.
Ice cream speed-eating record broken in Vilnius
The world record for the ice cream speed-eating was broken on Saturday, June 4, during the ice cream festival at the Lithuanian capital of Vilnius.
Classical Swine Fever outbreak in Lithuania
Kaunas region in Lithuania reports outbreak of Classical Swine Fever (CSF), hitting a pig farm with 16 000 pigs. All measures necessary to limit and eliminate the disease are being carried out, including, restricting the stricken area.
Lithuanian politician: 50 km/h – not the 21st century speed
The Central and Eastern European economies are unable to attain their potential goals due to poor infrastructure, considers Egidijus Meilunas, the Lithuanian Foreign Affairs deputy minister, adding that 50 km/h is not a speed of the 21st century.
US offers Lithuania three times cheaper gas than Russia
The American company Cheniere Energy has concluded an agreement with Klaipedos nafta on the possibility of supplying liquefied gas at a lower price than the one offered by Russia's Gazprom, announced the Lithuanian Energy Minister Arvydas Sekmokas.
Fitch upgrades Lithuania’s ratings
Fitch Ratings agency has upgraded Lithuania’s outlook from stable to positive, affirming its long-term foreign currency rating is BBB and its long-term local currency rating - BBB+.
Lithuania’s annual GDP climbs 6.9%
The Lithuanian annual Gross Domestic Product surged 6.9%, indicating the crisis prevailing in Lithuania over the last three years is truly over.
Lithuanian economy grows 6.8% in first quarter
Annual seasonally and working-day adjusted data, Lithuanian economy has expanded 6.8% in the first quarter of 2011, compared to the same period a year ago, according to Lithuania statistics department.
Economist: Lithuanian economy gained the most among the Baltics over the decade
In terms of economic growth rates over the past decade, Lithuania was the biggest winner among the Baltic States, SEB Bank's macroeconomic expert Dainis Gašpuitis points out.
Economic Diary: Smash Business with Taxes
Oil deposit exploration in Latvia's waters; project managed by people close to Lembergs
Prudentia distances from the consequences of the advices it once gave
Friendship with Unity – the only thing that keeps Prudentia afloat?
Energy and taxes to be discussed in EU summit
PHOTO: Gumball 3000 lifestyle rally in Riga
More than 20 000 enthusiasts to run in the Nordea Riga marathon
500 kg large aircraft bomb found at Ventspils port
Economy Minister: Russian business interest increases in Latvia
Apple and other great American companies that keep mountains of cash overseas
Cypriot banks launder money, leaked EU report reads
May 21 in pictures
Russia angry over Azerbaijan's Eurovision mistake
Greek politician slaps woman live on TV
Colombia hosts Miss Pole Dance 2012
VIDEO: Airline fined for in-flight bikini show
VIDEO: The birth of a snowflake
VIDEO: World's most dangerous marketplace
Photos of the week, 2013.05.24.
May 23 in pictures
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