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Wednesday 16.01.2019 | Name days: Lida, Lidija

Lithuania is given green light to enter Eurozone

Lithuania should join the euro on 1 January 2015, as mentioned in a resolution approved by the European parliament this Wednesday, July 16th.

Lithuania’s political diary. An avalanche of high-ranking resignations, increased defence budget, Ukrainian-made news on state television

Amid the bribery suspicions Lithuanian Agriculture Minister Vigilijus Jukna has stepped down by handing his resignation request to Prime Minister Algirdas Butkevičius. PM has accepted it.The quitting later was followed by the resignation of six vice-ministers of Environment and Transport and Communications ministries.

Lithuania’s political diary. Lithuania increasingly wary of Russia

Lithuanian MPs won’t attend Moscow forum as an invitation to a parliamentary forum to be held in the Russian capital was declined by the Board of the Lithuanian Seimas.

Calendar of events in Lithuania. June 23-29

BNN offers readers a programme of key cultural, political and economic events taking place in Lithuania from June 23 to 29

Eurozone finance ministers confirm Lithuania’s entry

This Thursday, Eurozone finance ministers confirmed Lithuania’s entry of the bloc. It is expected that finance ministers of the European Union will make the same decision this Friday.

Latvians set out to Palanga with families

With the high season kicking in, Jonas Basanavičius promenade, the main hang-out hub in the resort town of Palanga on the Baltic coast in Lithuania is about to hustle and bustle. In the mottle cacophony of local drawls and foreign languages, it is easy to discern the melodic crooning of Latvians, who stream to the resort for fun, good food and cheaper prices.

Lithuania fines Gazprom 34 million over competition violations

Lithuanian Competition Council has fined Russian gas company Gazprom 123 million litas over the company preventing competition in Lithuania.

Economic diary. Lithuania. State obligates 1 percent and more for defense

Lithuania’s defense budget should not only reach one percent of the gross domestic product next year but exceed it by far, said presidential security adviser Kęstutis Budrys.

Lithuania to join Eurozone in 2015

This Wednesday, June 4th, the European Central Bank and European Commission announced that Lithuania succeeded in meeting all requirements necessary to introduce euro.

EC and ECB assess Lithuania’s readiness to introduce euro

This Wednesday, June 4th, the European Commission and European Central Bank will announce their decision in regard to Lithuania’s readiness to become the 19th member state of Eurozone next year.

Lithuania Diary. Negotiations on diversification of gas supply and aftemath of presidential and EP elections

Lithuanian government has given its approval to gas supply negotiations with Statoil. In other developments, results of presidental and European Parliament elections might bring change in the government and coalition.