Vilnius will maintain a firm stance on sanctions against Belarus, including restrictions on the transit of Belarusian potash fertilizers, despite possible international pressure, Prime Minister-designate Inga Ruginiene has said. “If we do not continue to push for sanctions and a tough stance on the aggressor, it will be bad. The United States may apply pressure,…
The United States’ decision to lift sanctions on Belarus’s state airline Belavia will be a major test of the backbone of the European Union’s sanctions policy, Lithuania’s foreign minister-designate Kestutis Budrys has said. “This does not mean that the EU will immediately follow suit once the US has made such a decision. It will be…
Lithuania’s Defence Minister Dovile Sakaliene says she expects Seimas members to help convince US lawmakers not to reduce Washington’s military support for NATO’s eastern member states. Foreign media reported last week that the US planned to end long-running military assistance for European countries close to Russia, including funding for a programme that provided money to…
Construction of the long-delayed National Stadium and multipurpose complex in Vilnius is picking up pace after resuming in July, city officials say, though questions remain over permits and transparency. The project, overseen by developer Hanner under a concession agreement, includes an 18,000-seat stadium, a football-training field, conference halls, an athletics stadium, a kindergarten and a…
Lithuania’s gross domestic product grew by 3.1% in the first half of 2025 compared with the same period last year, reaching EUR 39.4 billion at current prices, the State Data Agency said on September 1. Unadjusted for seasonal and working day effects, GDP rose by 3.2%. In the second quarter, GDP increased by 3.1%, both…
Women in Lithuania earn on average 10% less than men, according to the Bank of Lithuania, sparking renewed criticism over the government’s lack of targeted measures to address the gender pay gap. Bank economist Rokas Budrauskas said the divide was most visible in industries dominated by women, which tended to offer lower salaries than male-dominated…
UK-based Revolut has become the largest bank in Lithuania in just five years, according to the country’s central bank. But the headline figure, which includes assets from customers outside Lithuania, does not necessarily reflect the full picture of competition in the domestic market. The digital bank’s rapid rise has added new momentum to a sector…