Switzerland’s EuroChem Group has announced its decision to temporarily suspend operations at its Lithuanian fertiliser plant, Lifosa, DELFI reports. The company said that sanctions have hindered the plant’s profitability. The Lifosa plant has been closed for scheduled repairs since May 2023. However, EuroChem has now confirmed that it has been unable to find a viable…
A group of MPs in Lithuania will submit to the parliament, the Seimas, a draft law to recognise the Communist Party of Lithuania (KPL) as a criminal organisation, ELTA reports. If approved, the law would impose legal consequences on KPL members who held leadership positions, restricting their participation in political and diplomatic activities in Lithuania….
The invitation for Ukraine to join NATO must be "clear and irrevocable," Lithuanian Foreign Minister Gabrielius Landsbergis stated, The Baltic Times reports. Speaking after a leadership meeting at the presidential palace to prepare for the NATO summit in Vilnius, Landsbergis reiterated Lithuania’s full support for Ukraine’s aspiration to join NATO. The meeting was also attended…
Lithuanian President Gitanas Nauseda believes that NATO’s upcoming Vilnius summit will reach agreements that will "not disappoint" Ukraine in its fight against Russian invasion, LRT reports. Speaking in an interview with BNS, Nauseda said that the summit was unlikely to invite Ukraine to join the alliance after the war, however. Instead, NATO countries are expected…
The European Public Prosecutor’s Office has appointed Lithuania’s Gedgaudas Norkunas as one of the EU prosecutors, the Justice Ministry announced, BNS reports. Previously, Norkunas served as a European delegated prosecutor. The new EU prosecutors will take up their posts on 29 July 2023 for a term in office of three years. Half of of the…
The Lithuanian parliament, the Seimas, is working on a "national agreement" to address the issue of a declining population, LRT reports. Currently, one in three households in Lithuania consists of single individuals living alone, which has nearly doubled in the last 20 years. This trend includes both seniors, particularly women due to a significant gender…
The board chairman of Lithuania’s central bank, the Bank of Lithuania, Gediminas Šimkus, said that German banks would be welcome in Lithuania, ELTA reports. Speaking at an event hosted by Lithuania’s honorary consul in Germany, Šimkus noted that the Lithuanian banking sector was still concentrated, with only three major banks accounting for the majority of…
Latvia had the largest share of people outside the labour force in the three Baltic states in the first quarter of 2023, according to Eurostat data, LSM reports. Just over 16% of Latvia’s potential labour force is not currently part of the working population. The figure stands at 15.4% in Lithuania and 12.3% in Estonia….
Latvia will maintain enhanced monitoring of its border with Belarus due to concerns raised by the presence of the Russian private military company, Wagner Group in Belarus, President Egils Levits stated, LSM reports. A few dozen people continue to attempt crossing from Belarus into Latvia every day. However, there is no significant risk regarding Russian…