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Wednesday 17.10.2018 | Name days: Karīna, Gaits
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Lithuania and Ukraine to co-operate in Fintech

The central banks of Lithuania and Ukraine have committed to working together to promote the development of financial innovations and have signed a Co-operation Agreement in the Area of Innovation Development.

Week in Lithuania. Lithuanian parliament to launch probe of political corruption during previous governments

The Lithuanian Seimas is set to launch a new parliamentary investigation into political corruption during the tenure of previous governments. Sixty-seven MPs on Tuesday, September 25, voted in favor of setting up a new parliamentary investigation commission, 28 were against and three abstained.

Lithuanian PM, a presumable presidential hopeful, set to curb grocery price growth

Having chastised food retailers on many occasions for high grocery prices, Saulius Skvernelis, the Lithuanian Prime Minister, stepped forward in the bid to harness local supermarkets. The presumed presidential candidate of the ruling Farmers and Greens (LVŽS) has summoned this week executives of major retail food chains, scolded them and reaffirmed his pledge to rein in the edging up prices.

Lithuania commits to spend 2.5% of GDP on defence from 2030

Five leading Lithuanian parties have agreed to add to state defence funding every year to reach 2.5% or more of its gross domestic product by the year 2030.

Latvian railway companies want Lithuania to compensate EUR 82.32 million worth of losses

Latvia’s railway companies Latvijas dzelzceļš and LDz Cargo invite Lithuanian railway company Lietuvos geležinkeliai to compensate losses worth EUR 82.32 million, which appeared because of the dismantling of Mažeikiai-Latvian border railway route, LDz representatives say.

LDz requests EUR 57 million from Lithuania for dismantling Mazeikiai-Renge railway line

Latvian railway company VAS Latvijas dzelzceļš has requested Lithuanian railway company Lietuvos geležinkeliai to pay EUR 57 million as a compensation for the dismantling of Mazeikiai-Renge railway line in 2008.

Lithuania’s Central Bank to assess information about Latvian VIA SMS Group

Lithuania’s Central Bank has promised to assess information regarding Latvian VIA SMS Group working in the country. This decision is a reaction to the statement made by Seimas National Security and Defence Committee member Arvydas Anušauskas that people associated with former Parex Banka owners work in that company.

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