The Baltic power transmission system operators (TSO) will notify Russia and Belarus about their decision to withdraw from the so-called BRELL agreement and the Moscow-controlled IPS/UPS transmission system in the coming weeks, Lithuania’s Ministry of Energy announced, BNS reports. The Baltic TSOs are fully ready to synchronise their power grids with the continental European system…
NATO allies agree that the Supreme Allied Commander Europe (SACEUR) should manage the rotation of air-defence systems in the Baltic region, Lithuanian President Gitanas Nauseda stated, BNS reports. He said that political leaders of individual countries need not travel to different capitals and request anti-air defence systems. The NATO summit in Vilnius agreed in 2023…
Lithuanian President Gitanas Nauseda has formally proposed that the parliament, the Seimas, denounce the Convention on Cluster Munitions, BNS reports. The Office of the President argued that current international legal restrictions limited Lithuania’s defence capabilities and reduced the effectiveness of deterrence. Lithuania and Norway are the only NATO member states sharing a border with Russia…
Lithuania will begin issuing defence bonds after 1 October 2024, Finance Minister Gintare Skaiste announced, BNS reports. The defence bonds will have a maximum interest rate of 2%, which is lower than on savings certificates. The lower rate will ensure that the state borrows for defence at a rate that is cheaper than the market…
The Lithuanian government plans to invest around EUR 17.56mn in counter-mobility measures over 2024-2027, the Ministry of Defence announced, BNS reports. The plan is to deploy counter-mobility defence installations along the border with Belarus and Russia’s Kaliningrad (Königsberg) region by April 2025, reserve barriers on major national roads and bridges by November 2025, and drainage…
The number of temporary residence permits issued to foreigners in Lithuania declined for the first time in the first half of 2024, according to data from the Lithuanian Migration Department (LMD), BNS reports. At the same time, the number of permit renewals increased several times. LMD issued 78,121 temporary residence permits to foreigners in six…
Lithuanian Interior Minister Agne Bilotaite has requested financial support from the EU to strengthen the protection of the country’s border with Russia, BNS reports. In a letter to EU Commissioner for Home Affairs Ylva Johansson, Bilotaite emphasised the need to modernise and update border surveillance systems, with costs estimated at nearly EUR 16mn and required…
Lithuanian President Gitanas Nauseda will raise the issue of NATO’s response to recent Russian hybrid attacks at the alliance’s summit in Washington, his chief national security adviser, Kestutis Budrys, said, BNS reports. Speaking in an interview with Ziniu Radijas, Budrys insisted that NATO had to respond to attacks when there was clear attribution. He suggested…
Lithuania’s central bank, the Bank of Lithuania, has proposed a comprehensive review of existing tax exemptions, income and wealth taxation, and reducing the VAT gap to increase budget revenue as the population ages, BNS reports. Vaidotas Tuzikas, principal economist at the Bank of Lithuania, noted that Lithuania’s ratio of tax collection to GDP of 4.5%…