A new Pfizer-BioNTech vaccine specifically targeting new, more contagious types of the Covid-19 Omicron variant is expected to arrive in Lithuania in October, the Health Ministry has said. “The first shipment of the vaccine against the BA.4 and BA.5 coronavirus sub-variants will reach Lithuania in early October,” Tomas Bagdonas, an adviser to the health minister,…
Lithuania’s Tripartite Council, representing the country’s government, employers and trade unions, has failed to reach an agreement on raising the minimum monthly wage from next year and will submit different opinions to the government. “We will propose recording separate opinions, and the government will be asked to make an immediate decision so that businesses can…
Lithuania is negotiating exemptions and compensations, as the European Commission is looking into ways to cut record-high electricity prices for consumers and proposes redistributing the excess revenues of low-cost power plants, Energy Minister Dainius Kreivys has said. “Another measure proposed by the EC is how to cap generators that are cheaper than gas but get…
The Social Democratic Party’s (LSDP) representatives in the Lithuanian parliament are launching an interpellation procedure against Energy Minister Dainius Kreivys over what they say is a mishandled electricity supply reform and failure to respond to the surge in energy prices. The group says the minister will be asked to provide answers regarding “negligent attitude towards…
Lithuania will open its representative office in Taiwan “as soon as we are ready”, Deputy Economy Minister Karolis Zemaitis, who is currently visiting the island, has said. The previous plan was to open the office on September 12. Vilnius’ representative to Taiwan, Paulius Lukauskas, “arrived last week and is only a few days out of…
The Lithuanian Finance Ministry has kept the country’s annual GDP growth forecast for 2022 unchanged at 1.6% despite slower growth in the second half of the year. The ministry has also revised its GDP growth forecast for 2023 to 1.4%, down from its earlier estimate of 2.1%, according to the latest macroeconomic projections published on…
Compensating businesses for rising electricity and gas costs would put an unbearable burden on the country’s budget, Lithuanian Finance Minister Gintare Skaiste has said, adding that the majority of the European Union countries are only providing support for households. “At present, the majority of countries provide support only to households since businesses consume both electricity…