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Friday 20.07.2018 | Name days: Ramona, Ritma
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Major political corruption case reaches court in Lithuania

A major political corruption case with involving MG Baltic, one of Lithuania's largest business groups, and two political parties, the Liberal Movement and the Labour Party, has reached Lithuanian court this week.

Lithuania asks Russia to explain patrol ship’s breach of country’s border

Lithuania has submitted a note to Russia, requesting explanations regarding a border breach incident on Monday, 16 March, when a Russian patrol ship crossed the two country’s border and spent at least two minutes in Lithuania’s territorial waters.

Bill aiming to help young families with housing may be discriminatory

The Lithuanian Government‘s endeavour to support young families through subsidising of their housing may hit a snag – the lawyers from the Parliament’s Law Committee warn that the enactment of the piece of legislation from July 1, 2018, as foreseen would discriminate against the couples living out of wedlock. Statistically, nearly half of Lithuanian couples cohabitate, i.e. opt not to tight the knot.

Russian ambassadors summoned in Poland, Estonia, Lithuania, report Russian agencies

Russian news agencies report that ambassadors of Russia have been summoned by Lithuania, Estonia and Poland.

Rail cargo volumes between Belarus and Lithuania increased 15% last year

The Belarus railway company Belarusian Railway has estimated that freight volumes between the country and Lithuania have increased 15% in 2017.

Lithuania prepares digital coin for collectors

The Bank of Lithuania announced that it will release a crypto coin aimed at numismatics' enthusiasts some time in 2017 and the virtual coins will not be meant for use in circulation or employed as a recognised medium of payment.

Lithuania: three names stand out in budding presidential race

Of 47 names being mentioned by respondents asked who they want to see a new president in Lithuania in 2019, three names are clearly on top of the list. Gitanas Nausėda, chief economist of SEB Lithuania Bank, leads the pack with 15.6 per cent of support, followed by Saulius Skvernelis, the current Prime Minister with 12.5 per cent, and Visvaldas Matijošaitis, Mayor of Kaunas, Lithuania‘s second-largest city, who is favoured by 12 per cent.

Week in Lithuania. Lithuania not affected by problems at Latvia's ABLV Bank

Financial problems faced by ABLV, one of Latvia's biggest commercial banks, will have no impact on the Lithuanian financial system, officials from the central Bank of Lithuania and the Lithuanian Banks' Association (LBA) said this week. According to Vytautas Valvonis, director of the central bank's Supervision Service, the Lithuanian financial system has become very independent in recent years.

Lithuania and Latvia: the tale between two sisters marked with rivalry

Relations between Lithuania and Latvia, two tight-knit Baltic neighbours, may exemplify a sisterly relationship from the first sight, but just over the course of a single week, several pings rang, signalling that rivalry is, and has always been, a component of coexistence.