Lithuania would have no difficulty meeting the European Commission’s recommendation to reduce its natural gas consumption if there is a shortage of gas this coming winter, Energy Minister Dainius Kreivys has said. Kreivys said Lithuania could replace gas used for heating in Vilnius with fuel oil, noting that businesses were cutting their gas use as…
LTG Cargo, the freight subsidiary of Lithuania’s state-owned railway group Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), informed its customers on July 22 that it was resuming the transit of sanctioned goods between mainland Russia and its Kaliningrad exclave, in line with the European Commission’s guidance. “In accordance with the relevant EU Council Regulation and the EC…
The Lithuanian government should put forward a new package of anti-inflationary measures in autumn, but only after assessing the effectiveness of the measures adopted last spring, says Gediminas Simkus, board chairman of the Central Bank of Lithuania. He also stressed the need to maintain fiscal discipline, to avoid adding more fuel to inflation and to…
Since the 1990s, Russian citizens have invested almost 300 million euros in Lithuania, with the largest share having gone into real estate. Liberal MP Raimundas Lopata has now proposed that Russian citizens be banned from investing in the country, while Lithuanian firms be barred from doing business in Russia. Lopata, a representative of the Liberal…
The authorities of Lithuania’s western seaside resort of Palanga and the central government have reached an agreement on installing a wind farm in the Baltic Sea at least 30 km from the shore, not 9 km away as was considered before, Energy Minister Dainius Kreivys says. “In 2020, when the farm was being planned, the…
Construction of a new Rail Baltica railway bridge, the longest of its kind in the Baltic countries, began in Lithuania’s central district of Jonava on July 21. Prime Minister Ingrida Simonyte says the bridge over the Neris River and the European standard-gauge railway as a whole will make the country “better connected” to the rest…
Lithuania will soon provide additional military support to Ukraine, as the country is continuing to resist the Russian invasion, the Lithuanian Defence Ministry has said in a press release. Lithuania plans to send to Ukraine M113 and M577 armoured personnel carriers and ammunition for reserve training, the ministry announced on July 20. According to Defence…