Thursday, June 8, 2017 09:38
Wednesday, June 7, 2017 15:36
Some of Lithuania's enterprises of strategic importance employ some people whose reliability gives cause for concern and nepotism flourishes in them, the chairman of the Seimas Committee on National Security and Defense said on Wednesday, underlining the need for streamlining the recruitment and decision-making procedures at such companies.
Wednesday, June 7, 2017 12:30
The Vilnius Regional Environmental Protection Department has turned to court with a claim for compensation of 630,000 euros in damage caused by the December 2016 sewage spill in central Vilnius, which resulted in spillage of 46,000 cubic meters of untreated wastewater into the River Neris.
Wednesday, June 7, 2017 10:24
After closing the route to Moscow, Lietuvos Geležinkeliai (Lithuanian Railways, LG), the state-run railway company, plans on launching a passenger train to the Latvian city of Daugavpils. The company's spokesman said LG was ready but had to wait for the final approval from Latvian railways.
Wednesday, June 7, 2017 10:03
The spending of Lithuanian household on main consumer goods declined in May, while Latvia and Estonia reported growth, shows an index of household spending published by the research company Baltic Market Insights (Baltmi).
Tuesday, June 6, 2017 16:46
After Lithuania's parliament on Tuesday improved the new Labour Code to take effect in July, no changes are expected in the sense of flexibility of labour relations, economists say, adding that the initial ambitious plans of liberalizing labour relations has been downgraded into a reflection of the actual situation on the labour market.
Tuesday, June 6, 2017 14:15
The Lithuanian parliament on Tuesday passed amendments to the country's new Labour Code, which was adopted last year but will come into force in July.
Tuesday, June 6, 2017 10:29
The Lithuanian president's office sees no major drawbacks in the government's proposed tax changes aimed at increasing the poorest people's income and expects constructive discussions on the plan, an advisor to President Dalia Grybauskaitė said on Tuesday.
Tuesday, June 6, 2017 09:24
The Lithuanian parliament on Tuesday is to take a final vote on the Tripartite Council-approved amendments to the new Labour Code, which is expected to come into force in July.
Monday, June 5, 2017 16:49
Lithuania's richest man Nerijus Numavičius, who has lived in London since June 2015, will declare his 2016 income and pay taxes for the year solely in the United Kingdom.
Monday, June 5, 2017 14:25
Monday, June 5, 2017 12:19
The EU-Canada Comprehensive Economic and Trade Agreement (CETA) approved by the Lithuanian parliament last week and due to be ratified in July will consolidate Lithuania's relations with Canada and reduce trade and investment obstacles, says Foreign Minister Linas Linkevičius.
Monday, June 5, 2017 09:14
Happy winners: At the awards ceremony on 31 May in the Art Factory „LOFTAS“ in Vilnius, Aedilis UAB won the German-Lithuanian Business Award. The company also won the online voting against their competitors.
Friday, June 2, 2017 14:18
The Lithuanian government's proposed tax changes are primarily aimed at improving the situation of small-sized businesses and low earners and cannot be called a fundamental reform, analysts told BNS.
Friday, June 2, 2017 12:35
Friday, June 2, 2017 11:49
The Lithuanian government plans to earmark an additional 500 million euros in next year's budget for pensions, children and poverty reduction, with more than 4 billion euros to be allocated for this purpose in total, Prime Minister Saulius Skvernelis said on Friday.
Friday, June 2, 2017 09:31
After Lithuania's parliament tightened alcohol trade, consumption and advertisement rules on Thursday, manufacturers have warned about emigration of the population amid disappointment in the administration's moves, adding that producers would have to halt investments and sack employees.
Friday, June 2, 2017 09:27
The Lithuanian government of Prime Minister Saulius Skvernelis has stepped back on its intentions of consolidating income-related taxes on the employee side, including the social insurance fees currently paid by the employee. The Cabinet has decided to shift its focus on reduction of the tax burden on the people with lowest income and unification of different tax regimes.
Thursday, June 1, 2017 14:29
Last week's Login Start Up in Vilnius Tech Park and other locations in town brought together investors and developers in Lithuania's booming start-up business. The country has outstanding IT infrastructure but also a successful ecosystem for start-up business. Judging by the large international presence, word is spreading fast.
Thursday, June 1, 2017 12:43
DELFI / Rafael Achmedov
The sale of drinks with an alcohol content of up to 7.5 percent during free public events will not be restricted, the Lithuanian parliament decided on Thursday.