Over 100 Maxima stores in Lithuania were closed on January 2 morning due to technical issues. The stores were closed due to configuration changes in the cash register system, according to Julija Vasiljeviene, head of the Process and Quality Management Department at the supermarket chain. “Some stores are currently closed due to technical difficulties related…
Inflation in the eurozone has not peaked yet and may follow the trajectory seen in the Baltic States where consumer price rises have been in excess of 20%, Gediminas Simkus, Lithuanian central bank chief, has told the Financial Times. “When I look at the inflationary pressures in the euro area, it resembles what we experienced…
Lithuanian Defence Minister Arvydas Anusauskas visited France on December 29 for talks with his French counterpart, Sebastien Lecornu, on the acquisition of Caesar Mark II wheeled self-propelled howitzers. Anusauskas and Lecornu are also expected to discuss “bilateral cooperation, assistance to Ukraine, and other key security and defence issues”, the Lithuanian Defence Ministry said in a…
According to preliminary estimates by Statistics Lithuania, prices in December grew by 20% YoY. Annual inflation was mainly driven by increases in the prices of food and non-alcoholic beverages, housing, water, electricity, gas and other fuel goods and services, and transportation, the statistics service said in a press release on December 29. Meanwhile, monthly inflation…
Lithuania mulls forming an army division, Defense Minister Arvydas Anusauskas has said. “We have the ambition to form a Lithuanian division in the future while receiving division-level capabilities, such as HIMARS,” he said. An army division is usually made up of several brigades and includes 10,000 to 15,000 soldiers. Some 11,500 professional soldiers, almost 3,500…
Some 77.88 million euros and $9.46 million (8.9 million euros) in Russian and Belarusian companies’ funds have been frozen in Lithuania so far, the Interior Ministry said on December 28, citing data from the Financial Crime Investigation Service (FNTT). FNTT imposed sanctions on 16 legal and natural persons on December 20, freezing the funds of…
Almost nine out of ten people in Lithuania believe that things are getting worse in the country, according to a survey commissioned by LRT. The poll also shows the military to be the most trusted institution, while the parliament and the government enjoy the least trust. The poll, conducted by Baltijos Tyrimai, shows that slightly…