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Sunday 05.04.2020 | Name days: Vidaga, Aivija, Vija

Foreign investments spike half a billion in Lithuania year-on-year

Direct foreign investments in the Lithuanian economy are up 1.2 billion litas (LVL 244.8m) in 2011, accounting for 4.3% of GDP.

Lithuania and Russia fail to agree on Baltic nuclear power plant

Russia-Lithuania intergovernmental commissions met in Klaipeda, but failed to reach an agreement on building a nuclear power plant in the territory of Kaliningrad.

Lithuania to explore gas extraction sites

By the end of the first quarter of 2012, Lithuania might announce an international tender, possibly selecting a company that specializes in exploring gas extraction sites.

Lithuania to decide on organizing dual citizenship referendum

This week, the issue of holding a referendum on the dual citizenship introduction has come to the Lithuanian Parliament's deputies, seeing that the Lithuanian Human Rights Committee plans to include it on the Parliamentary agenda.

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.

Over 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.

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