Norway’s state oil fund more than doubled its investment in Lithuanian government bonds last year, increasing its holdings from €76 million (711 million NOK) in 2014 to €178 million (1.6 billion NOK) in 2015.
Lithuanian government
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The Lithuanian government said on Monday it would not ask the European Union to scrap daylight saving time, saying there is no evidence that advancing clocks one hour during summer months has negative impact on people's health or the country's economy.
Major change in Lithuania is difficult and slow because of the short political lives of the average Lithuanian government, according to Darius Žeruolis, a political scientist at the Institute of International Relations and Political Science at Vilnius University.
The Lithuanian government endorsed a package of measures aimed at cutting alcohol consumption on Monday. It includes alcohol-free zones, and further restrictions on selling hours and on alcohol advertising.
The International Center for Settlement of Investment Disputes (ICSID) in Washington has accepted a request to arbitrate between France's Veolia group and the Lithuanian government.
The Lithuanian government does not expect Belarus to take retaliatory measures against Lithuania over the country trying to block the construction of a new Belarusian nuclear power plant at Astravyets, said Energy Minister Rokas Masiulis.
Over 250 soldiers and civilian staff of the armed forces are to take part in an international special forces exercise Flaming Sword this spring.
Over the last two decades, there has been a lot of talk that Lithuania should focus on developing high-tech industry and create a new Silicon Valley in the country, but economists believe that this talk is totally at odds with reality on the ground.
The Lithuanian government has agreed to extend a €420 million interest-free loan to Lithuania's social insurance fund, the Sodra, to help it "balance cash flows".
The French group Veolia, which owns heating companies in Lithuania, is suing the country for €100 million at the International Centre for Settlement of Investment Disputes (ICSID) in Washington. Veolia is demanding compensation for losses it allegedly sustained due to unfair treatment by the Lithuan...
Two former Lithuanian leaders – ex-president Valdas Adamkus and the country's first post-independence leader Vytautas Landsbergis – have urged the government "to do everything in its power to immediately halt the construction of the Astravyets nuclear power plant" in Belarus some 50 km east of Vilni...
On Wednesday the Lithuanian Government approved a proposal to eliminate annuities for presidents' widows or widowers. Based on the proposed rules, the spouse of a president would instead receive a state pension.
This year's World Economic Forum in Davos will focus on the next wave of innovation, but are Lithuanian politicians ready to embrace new opportunities and give up unnecessary regulations, asks economist Rūta Vainienė.
An Iraqi migrant family, which were the first to arrive in Lithuania under the European Union's refugee resettlement programme last December, is suing the Migration Department for not granting them refugee status.
Increased efforts to tackle tax evasion and the black market led to a significant increase in tax revenues for the Lithuanian government in 2015, according to Prime Minister Algirdas Butkevičius.
The Lithuanian government has endorsed a proposal to redraw the country's regional divisions in order to keep some of the European Union support after 2021.
Energy experts have urged the Lithuanian government not to close down combined heat and power plants which they say could upset security of electricity supply.
Average retirement pensions is to be raised by €8.21, to €265, as of January next year, the Lithuanian government decided on Wednesday. The decision will affect about 857,000 people.
The Lithuanian government announced on Monday that it would scrap 1,290 positions in government agencies from April of next year.
The Lithuanian government is planning to increase the budget for the State Security Department (VSD) by 500,000 euro. However, parliamentarians say that in view of the growing geopolitical threats, the VSD should receive a far bigger budget increase.
