Lithuania’s Interior Ministry has proposed to develop a new crisis management model, which would involve a crisis management centre to monitor threats and make preparations for emergency situations. The government on June 15 approved draft legislative amendments to make that happen. According to the ministry, the National Crisis Management Centre (NKVC) would operate as a…
Lithuanian businesses that have suffered difficulties due to China’s sanctions can now apply for working capital loans, the Economy Ministry has announced. A stimulus financial facility prepared by the Economy and Innovation Ministry was launched on June 15, allowing businesses that suffered from China’s actions to receive loans of up to EUR 5 million, and…
Estonian pharmacy wholesaler Magnum Grupp has made its largest investment in a decade, albeit for an undisclosed sum, after purchasing Lithuanian chain UAB Apotheca Vaistine. The company will now be the sixth-largest pharmacy chain in the southernmost Baltic State. The purchase brings the total number of pharmacy outlets Magnum operates under its Apotheka brand to…
Lithuania’s Economy Ministry has announced a competition to find a trade representative who will work in Taiwan on developing the country’s economic ties in the Southeast Asian region. “I hope the selected trade representative will not only successfully lead the Lithuanian commercial representative office, but also provide an impetus to attract more investments, promote exports…
French wheeled self-propelled howitzers Caesar could be delivered to Lithuania in 2027, Defence Minister Arvydas Anusauskas has said. “The acquisition itself will take place in 2027. Or perhaps earlier. It is still too early to talk about very specific terms,” the minister said. On June 13, Anusauskas signed a letter of intent on purchasing 18…
Economists warn that the coming autumn and winter should be spent preparing for hard times: unemployment and bankruptcies are likely to increase, as wages are set to stagnate. The Food Bank is already reporting an increase in demand. Emilija from Panevezys in northern Lithuania adds 500 euros to her retirement pension by selling flowers. Now,…
Last month saw an increase in the flow of disinformation in Lithuania, with targets including the Bayraktar combat drone fundraising campaign, the Lithuanian military said on June 13. Analysts recorded 411 cases of negative information activities in May, up from 379 in April. The military makes its findings public, providing an analysis of topics at…