Over 10,000 residents in Lithuania will produce solar energy by the end of next year, according to state-controlled holding company, Lietuvos Energija (Lithuanian Energy). The 5-fold increase is influenced by law changes, allowing remote solar power plants. Energy produced off-site can then be “virtually” transferred to be used in private apartments. Residents and multiple stakeholders…
The price of Lithuania’s staple food – potatoes – rose the most among produce sold in the country. The key ingredient behind the likes of Cepelinai, Vedarai, and Kugelis cost on average 70 cents per kilogram, rising by 66.1% since last year, according to a survey carried out by pricer.lt. Bananas came second, rising by…
Apartment block residents will have the opportunity to claim funding for a solar plant off-site and produce electricity to be used in their apartment, the head of Lietuvos Energijos Tiekimas (Lithuanian Energy Supply) Darius Montvila said announced. While individual homeowners could install solar panels on their roofs or in their backyards, residents of apartment blocks…
Foreign Minister Elmar Mammadyarov has met with the Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to the Republic of Azerbaijan Valdas Lastauskas upon the termination of his diplomatic tenure. During the meeting, the parties exchanged views on the current state of bilateral relations, as well as the current level of and perspectives of…
Prime Minister Saulius Skvernelis said that the government was considering broadening the property tax base and taxing polluting cars. The International Monetary Fund and the European Commission have called on Lithuania for years to broaden its property tax base. Last year, the government moved to tax second, third and further residential properties owned by one…
Once a country of EU record-high emigration, Lithuania has recently become a new home for thousands of Ukrainians, who come here in search of a better life. According to the Lithuanian Migration Department, the number of Ukrainians living in Lithuania rocketed by almost 42% in 2018, making them the largest foreign community in Lithuania. The…
A special Lithuanian governmental commission gave the same verdict that Revolut’s activities did not run counter to the country’s national interests after completing its third review of the UK-based fintech start-up. The commission that vets transactions by strategic enterprises took the decision on June 25. Revolut Bank plans to start operating as a specialized bank…