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…
With gas prices skyrocketing, Lithuanian cities – in particular Vilnius – are desperately looking for ways to cut heating bills. Among the suggestions is burning mazut, a low quality and very polluting fuel oil, which has drawn criticism from environmentalists and politicians. Lithuania’s major cities assure that they can cope with the energy challenges and…
Lithuania would have no difficulty meeting the European Commission’s recommendation to reduce its natural gas consumption in case there are shortages in winter, Energy Minister Dainius Kreivys said on July 20. “The biggest discussion is about reducing gas use by 15%, but that reduction could only be required when there is an emergency,” he told…
The Seimas Committee on National Security and Defence (NSGK) will consider an initiative to ban business relations with Russia, the committee chairman Laurynas Kasciunas has said. “We will soon have an NSGK meeting not only on this issue but also on the analysis of Russia’s participation in the market and Russia’s impact on our economy…