Lithuania is planning to provide another 40-50 million euros in military aid to Ukraine this year, Defence Minister Laurynas Kasciunas has said. According to the minister, Lithuania has already provided 153 million euros in aid to Ukraine this year. Lithuania also plans to contribute 10 million euros to the production of the Palanytsia rocket drone…
The Bank of Lithuania on September 17 condemned the International Monetary Fund’s decision to resume economic consultations with Russia, saying that it fully supported the position voiced in a protest letter by the Baltic, Nordic and Polish finance ministers. Gediminas Simkus, the central bank’s governor and Lithuania’s representative on the IMF Board, said in a…
The Lithuanian parliament on September 3 approved legislation allowing farmers providing rural tourism services to produce traditional home-distilled vodka. The amendments to the Law on Alcohol Control were passed with 63 votes in favour, 15 against and 22 abstentions. The amended law defines a traditional alcoholic drink made by a farmer as one with up…
Five out of six Lithuanian drone manufacturers have successfully passed tests in Ukraine and are looking to sign contracts with the Defence Ministry. The companies say that private investors are not enough – government contracts are what move drone development forward. Made in Kaunas, the Baltic Vipers will be used to defend Ukraine. The FPV…
The first Lithuania-manufactured first-person view (FPV) drones are expected to be delivered to Ukraine in September, according to the Defence Ministry. “It is planned that the first FPV drones to be purchased (from Lithuanian manufacturers) could be handed over to Ukraine as early as the second half of September,” the ministry said in a comment…
The Lithuanian government on May 29 approved 13.5 million euros for the purchase of air surveillance radars to contribute to the Germany-led air defence coalition for Ukraine, Defence Minister Laurynas Kasciunas said. “Today, the government allocated 13.5 million euros for the acquisition of radars that will strengthen the warning system in Ukraine. By doing so,…
Minister of Energy of Ukraine German Galushchenko held an online meeting with the Minister of Energy of Lithuania Dainius Kreivys. The key topic of the conversation was assistance to the Ukrainian energy sector. The Minister of Energy briefed his colleague on the consequences of recent russian attacks on the Ukrainian energy sector. “Compared to last…