Samples of Lithuanian plant seeds were handed over to the Global Seed Vault in the Norwegian archipelago of Svalbard on June 9. The storage of duplicates will ensure that seeds could be retrieved and reproduced in Lithuania if necessary, according to the Environment Ministry. The Svalbard Seed Vault is the largest such facility in the…
Lithuanian Finance Minister Gintare Skaiste has called for the suspension of Russia’s membership in the World Bank, saying the country has violated its fundamental principles. She has also said the world should not give in to Russia’s “blackmail” over the looming global food crisis. Russia is trying to change the narrative and make the international…
A new EU directive sets out common rules for setting the minimum wage. This will be felt in Lithuania, where pay disparities remain high. Algis, who works as a plumber in the Panevezys Emergency Service, makes a few euros more than the minimum wage, which is currently 730 euros on paper or 550 after tax.…
On June 6-7, the 3Seas Local Government Congress and the Economic Forum held in Lublin (Poland) discussed the development of the Baltic Sea-Black Sea/Aegean corridor in the new geopolitical context, press center of Lithuania’s Ministry of Transport and Communications said. The development of this corridor to the territory of Lithuania and the cooperation of the…
Lithuania is taking significant steps to bolster oversight within the cryptocurrency sector. According to a draft law prepared by the government, the country plans to ban anonymous accounts and establish more detailed requirements for customer identification, a move that aims to regulate activities related to trading bots and enhance transparency in the digital currency market.…
Lithuania has seen a huge increase in the number of sailing yachts in the last few years. But the demand for these recreational boats has surged during the coronavirus pandemic and the country is now facing an infrastructure problem. A few years ago, there was plenty of space to park yachts in Lithuania. But now,…
Lithuania’s governmental commission, which examines the transactions of strategic companies, is investigating Russia links of Viada and Baltic Petroleum petrol chains. According to Neringa Andrijauskiene, head of the Central Purchasing Organisation (CPO), the screening of suppliers started in April, in line with the amendments to the Public Procurement Law, which said that suppliers and sub-suppliers…