Lithuania is not satisfied with the European Commission’s proposed price cap on wholesale natural gas, President Gitanas Nauseda said on November 24. “It would not help to protect ourselves even against the peak we had in the past,” he said at a joint news conference with Romanian President Klaus Iohannis in Vilnius. Earlier this week,…
Lithuanian President Gitanas Nauseda on November 24 called on the European Commission to assess the impact of the EU’s sanctions against Russia, saying that they did not affect the country’s energy sector. According to Nauseda, the EU needs to “adjust its course” to put more pressure on Russia, which continues its invasion of Ukraine. “Paradoxically,…
This weekend, Vilnius and Kaunas will light up their main Christmas trees. Amid drive for austerity, there will be fewer lights, but the big cities hope the festive mood will not be sombre. Vilnius, which is planning a Christmas budget of almost half a million euros, says it makes economic sense for the city to…
The existing reduced 9% VAT rate for the catering sector will remain in place in Lithuania until the end of 2023, the parliament Seimas decided on November 22. Lower VAT rates were introduced to prop up the catering sector during the Covid-19 pandemic and were due to expire at the end of the year. Previously,…
Vilnius decided against handing over medium-range air defence systems, as well as 155mm howitzers, to Ukraine, Lithuanian Defence Minister Arvydas Anusauskas said on November 21. The decision was made during a meeting of Lithuania’s State Defence Council, called in response to the missile strikes in Poland. It was attended by the country’s top officials, including…
International instructor training, involving troops from Ukraine, has been completed at the Lithuanian Armed Forces School, Lithuanian Armed Forces have said. The course was aimed at soldiers from NATO and partner countries. During the course, participants were trained on the fundamentals of military training, shooting, firearms and physical training. They also acquired information and skills…
The number of reports on suspicious transactions jumped 2.5-fold in Lithuania in the first nine months of this year compared to the same period last year, the country’s Financial Crime Investigation Service (FNTT) said on November 21. Most of these reports – almost 94% – were received from financial institutions, electronic financial institutions, as well…