It will take three to four years for Lithuania's economy to reach where Estonia is today, says Rokas Grajauskas, economist for Danske Bank.
Baltic States
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The Baltic states, also known as the Baltic countries, Baltic republics, Baltic nations or simply the Baltics (Estonian: Balti riigid, Baltimaad, Latvian: Baltijas valstis, Lithuanian: Baltijos valstybės), is a geopolitical term used for grouping the three sovereign states in Northern Europe on the eastern coast of the Baltic Sea: Estonia, Latvia, and Lithuania.
Republican presidential frontrunner Donald Trump has made many controversial statements during his campaign, but one that made Europe and the Baltic States sit up and listen concerned NATO and the United States' security assurances to its European allies.
Lithuania's, Latvia's and Estonia's tourism bodies signed an agreement on Friday to swap their marketing trademarks in order to underline friendship among the three Baltic nations. As of May, Lithuania will use the adapted Estonian logo, Estonia will promote itself with Latvia's former logo and Latv...
A Lithuanian needs to spend nearly 80% of the average wage to rent a one-room apartment in the centre of Vilnius, much higher than the proportion that people in other Baltic States have to spend.
Lithuania‘s status as a key transit country for re-exporting goods from West to East has started to wane significantly, with re-exports down by 10% in 2015 alone.
It has been 12 years to the day since Lithuania joined NATO. Lithuanian Minister of National Defence Juozas Olekas spoke today about how the Lithuanian government and the Alliance itself are coming to understand the threat that the Baltic states face.
What is the image of the Baltic States in the Russian press? Political scientist Viktor Denisenko looked at two decades of reporting on Lithuania, Latvia and Estonia to see how Russian newspaper readers are made to think about their western neighbours.
Lithuania has been ranked 19th in the Economic Freedom of the World index ahead of the other Baltic States but well behind other developed counties, according to a US research institute.
Russia's intensifying military activities have forced NATO to respond in kind, with the Alliance saying it will conduct more military exercises in Europe, and the United States promising to deploy far more equipment and forces in Europe. In 2017, Washington is setting aside $3.4 billion for Europe's...
Lithuania remains among the countries with the largest share of national income coming from remittances even though the level of remittances dropped by 22.1% in 2015.
Poland agrees with Lithuania's and other Baltic states that electricity from unsafe power plants should not be imported, said Lithuanian Minister of Energy Rokas Masiulis.
The amount of electricity being generated by renewable resources in Lithuania is increasing – in Pagėgiai municipality in Western Lithuania alone, the wind farm that began operating there this year – the largest of its kind in the Baltics – generates about 2% of the country's energy needs. However, ...
The strategically important Rail Baltica railway project designed to connect the Baltic States to Western Europe, from Tallinn to Warsaw, is slipping from Lithuania's hands the country's opposition parties claim.
Russia's decision to withdraw the majority of its forces from Syria, announced on Monday by Vladimir Putin, has analysts questioning what the rationale behind the move was. Was this practice for Putin before another attack in Ukraine or the Baltic states, or was it an even more crushing defeat than ...
The current global situation is much more dangerous than it was during the Cold War because the rules that existed then are absent now, and Russia is attempting to force a directionless West to play according to its rules according a leading analyst at the Carnegie Moscow Center.
Sweden's banking group SEB is considering to introduce negative interest rates on deposits held by large business clients in the Baltic States, vz.lt reports.
Deutsche Post-owned DHL is to develop a new parcel delivery service and network across Lithuania, the Baltic States and Scandinavia in cooperation with Finnish postal operator Posti and Bring, a subsidiary of Posten Norge, the Norwegian postal operator.
After the European Union cut off migrant routes via Libya to Italy and agreed with Turkey to stem migrant flows across the Aegean to Greece, the Baltic States fear that migrants from the Middle East might discover new routes via Russia, making them their gateway to the European Union.
Despite a dramatic drop of one-third in the number of tourists from Russia visiting Lithuania, the country still attracted 2.3% more foreign tourists than last year with visits from other European Union citizens up 11.9% in 2015.
