Lithuania recorded one of the highest annual inflation rates in the European Union in March, according to data released by Eurostat. Harmonised annual inflation in Lithuania stood at 4.4%, placing it among the bloc’s highest. Only Croatia, at 4.6%, and Romania, at 9%, recorded faster price growth. In the Baltic States, annual inflation reached 3.4%…
Ten additional flights between Vilnius and Frankfurt have been cancelled at the start of the week after Lufthansa pilots called a strike. The disruption follows the cancellation of six return flights last Friday due to a walkout by the airline’s cabin crew. Martynas Jaugelavicius, a spokesman for Lithuanian Airports, said four flights were grounded on…
Lithuania’s parliament national security and defence approved plans on April 8 to establish a new military training ground in Kapciamiestis. The proposal passed with 11 votes in favour, while Dainius Gaizauskas of the Farmers and Greens Union and Aidas Gedvilas of the Nemunas Dawn party abstained. The Seimas took the initial step toward establishing the…
Taiwan has received an action plan from Lithuania outlining priority economic sectors and potential projects to boost bilateral cooperation, Taipei’s representative has told reporters. “The Ministry of Foreign Affairs has indeed received a cooperation document proposal from the Lithuanian side. The ministry is currently studying and promoting future specific cooperation plans. We need some time…
Lithuania will cut domestic train ticket prices by 50% for two months in response to soaring fuel costs linked to tensions in the Middle East, Prime Minister Inga Ruginiene has said. The discounts, introduced by passenger rail operator LTG Link, will apply from April 1 through May 31 on all local routes. The measure aims…
Lithuania plans to renovate its highways over the next two years to bring them in line with neighbouring countries. “We are starting road reconstruction work. After this winter, many stretches have deteriorated completely. This is the result of decades of uneven funding, inadequate road management, and a lack of vision for our infrastructure,” Transport Minister…
Lithuania’s Finance Ministry on March 24 downgraded its economic growth forecast for this year and warned that inflation would rise faster than previously expected, citing the impact of tensions in the Middle East. Under an updated economic scenario presented on March 24, the country’s gross domestic product is now projected to grow by 3.1% in…