As a 10-year contract on gas transit via Lithuania to Russia’s Kaliningrad region is expiring at the end of the year, the energy minister says it is too early to say if it will be extended. Zygimantas Vaiciunas noted that the gas transit deal was not just a bilateral issue between Vilnius and Moscow, it…
Lithuania started dismantling the supports of the first of six power lines linking it to Russia’s Kaliningrad exclave after the Baltic States synchronised their grids with the continental European system in early February. On February 24, workers began removing the supports of the Kruonis Pumped Storage Plant (PSP)-Sovetsk power line. The dismantling of the first…
Lithuania’s financial technology company Paysera said on February 22 that it had fully restored its services after a cyber-attack on February 21. “The company apologises to its customers and e-commerce shoppers who experienced inconveniences. The DDoS attack hindered service accessibility and slowed system performance, but it did not compromise customer data or funds,” it said…
Vilnius Airport officially opened new passenger departure terminal on February 4, considered one of the most advanced in the world. The terminal, which took over a year and a half to build and cost around 50 million euros, features state-of-the-art equipment and utilises artificial intelligence, according to Lithuanian Airports. It is equipped with systems that…
LRT, together with Blue/Yellow, Laisves TV and Stiprus Kartu, is launching the third Radarom! campaign to fundraise for Ukraine. This year, the money will be used to procure drones and anti-drones for the country that has been at war for three years. The campaign will run on February 3-24. Drones and anti-drones are badly needed…
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…