A new report published yesterday by the European Bank for Reconstruction and Development (EBRD) confirms what many Latvian farmers, fishermen and food producers already know only too well - that the country will be among those hardest hit by the sanctions … Read More
Category Archives: Lithuania
New criminal cases against Lithuanians who refused to serve in Soviet army
Russia has reopened 25-year-old cases that may lead to criminal charges against young people who refused to serve in the Soviet army in 1990-1991, shows a request for legal assistance received by the Lithuanian Prosecutor General´s Office. “We have received … Read More
Lithuanian residents against restrictions on Russian-language TV channels
Lithuanian residents do not trust information aired on Russian-language TV channels but are against any restrictions on their broadcasts, a recent survey has shown. The results show that 27 percent of respondents believe broadcast of Russian TV channels should be … Read More
British investment into Lithuania doubles ahead of entry to Eurozone
British foreign direct investment into Lithuania has nearly doubled in three years ahead of the country’s entry into the eurozone. FDI was £175 million (EUR 221m) in 2013, up from £95m (EUR 120m) in 2010, according to Statistics Lithuania. The UK is … Read More
One in five Lithuanians at risk of falling into poverty
Some 610,000 people in Lithuania, or 20.6 percent of the population, lived below the poverty risk line last year, 2 percentage points more compared with 2012, according to a survey of incomes and living conditions carried out by the country’s … Read More
Lithuanian coalition drops ethnic Polish party
The major parties of the Lithuanian ruling coalition agreed yesterday to eject a party of Poles from the government amid tensions over its criticism of the government’s treatment of ethnic Poles and the party’s siding with Russia during the Ukraine crisis. … Read More
Poland and Lithuania want EU subsidy for gas link
Polish and Lithuanian state gas companies have applied to the EU to cover three quarters of the cost of building a 500 km gas pipeline between the two nations. The project is part of an attempt to “integrate the isolated … Read More
Lithuanian traders to start indicating prices in litas and euro
Starting tomorrow - on 22 August - it will be mandatory for all traders and service providers in Lithuania to indicate prices in two currencies, the litas and the euro. “Prices in both currencies have to be indicated from 22 … Read More
Third rotation of US paratroopers arrive in Lithuania
The third rotation of US paratroopers have arrived in Lithuania and will train with Lithuanian troops, Lithuania’s Ministry of National Defense said yesterday. A company-sized contingent of US paratroopers from US Army Europe’s 173rd Airborne Brigade from Vicenza, Italy, arrived … Read More
Lithuanian businesses sign memorandum on fair conversion to euro
On 18 August, Monday, at the Government building of the Republic of Lithuania the representatives of the Lithuanian business associations and municipalities together with the heads of the Government, Ministry of Economy and Ministry of Finance will give the green … Read More
Lithuanian stores flooded by cheaper dairies produced for Russia
The first shipment of dairy products intended for the Russian market has reached stores in Lithuania. They are sold at a discount. “As of today, Maxima XX and Maxima XXX stores will provide their consumers with cottage cheese that was intended … Read More
Lithuanian goods denied entry into Russia
After Russia banned food product import from the EU, trucks with cargo which left for Moscow before the ban were told to return to Lithuania. This was reported on Saturday by Lithuanian road carriers, writes LETA/ELTA. Their biggest concern remains … Read More
Lithuanian population decreased by 12.3% since 2005
Statistics Lithuania informs that at the beginning of 2014, the estimated population of Lithuania amounted to 2943.5 thousand, i.e. by 28.4 thousand (1%) less than at the beginning of 2013. In 2005-2013, the population declined by 411.7 thousand, or 12.3%, … Read More
Baltics consider recognizing Donetsk and Luhansk “People’s Republics” terrorist organizations
Latvia, Lithuania and Estonia are considering to recognize the so-called Donetsk and Luhansk People’s Republics as terrorist organizations, Baltic diplomats in Kiev have stated. “The Latvian Foreign Ministry has already stated that it is prepared to do this,” Latvian Ambassador … Read More
Poll in Lithuania shows popular support for permanent NATO presence
68% of Lithuanians support permanent presence of NATO forces in their country, a public opinion poll by the Lithuanian Ministry of Defence shows. About 85 percent of respondents expressed the view that Lithuania’s security was enhanced due to NATO’s deployment … Read More
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. The vote of the European Parliament supports the initiative of the European Commission and leaders of EU … Read More
Lithuania to buy Polish ‘Thunder’ missile systems
The Lithuanian government has agreed to spend over 9 million euros on the purchase of portable Polish air defence systems by the close of 2016. The plan to buy Polish Grom (Thunder) systems was approved at a cabinet meeting earlier … Read More
Lithuania land sales ban referendum flops
A referendum in Lithuania calling for a ban on land ownership by foreigners failed to muster support, sparing the country a potentially embarrassing stand-off with the European Union while it faces increasing tensions with Russia. Lithuania was granted a 10-year … Read More
Eurogroup: Lithuania is ready for euro adoption
Yesterday, the Eurogroup which includes financial ministers of the euro area held a meeting and discussed Lithuania’s euro adoption aspirations for 2015. President of the Eurogroup congratulated Minister of Finance Rimantas Sadzius with Lithuania’s compliance to the euro introduction criteria, … Read More
Lithuania will ensure gas supply for Russia’s exclave of Kaliningrad
Lithuania will ensure reliable supply of gas to Russia’s Baltic exclave of Kaliningrad, Lithuanian Energy Minister Jaroslav Neverovič has said in response to reports that Russia’s gas concern Gazprom has decided to sell its interest in two Lithuanian gas companies, … Read More