Lithuania: EUR 289 million received from EC under Recovery and Resilience Facility

Lithuania has received a pre-financing payment of 289 million euros from the European Commission under the Recovery and Resilience Facility (RRF), the Finance Ministry reports. This amounts to 13% of total allocations for Lithuania. The pre-financing payment will help to kick-start the implementation of the crucial investment and reform measures outlined in Lithuania’s recovery and…

Lithuania: Kaunas receives first freight train from the Netherlands

Lithuania’s Kaunas Intermodal Terminal received its first freight train from the Netherlands, capable of carrying containers and semi-trailers. The train arrived on the European standard-gauge railway Rail Baltica, said Lietuvos Gelezinkeliai (Lithuanian Railways, LG), the country’s state-owned railway company. According to the company, the terminal has officially become Europe’s easternmost rail point accessible for freight…

Lithuania: banks fall short of green declarations

While banks in Lithuania boast of scooter-riding CEOs, their sustainability record tells a different tale. A consumer group’s investigation suggests there’s much room for improvement. The Lithuanian Consumers Alliance (Vartotoju Aljansas) has looked at how sincere Lithuania’s six commercial banks are when they boast about their green practices. The report assessed the environmental impact of…