Resolving the current crisis in Ukraine’s relations with the US requires “cool heads and wisdom” rather than “very loud and sharp statements,” Lithuanian Prime Minister Gintautas Paluckas stated, BNS reports. He was commenting on an earlier angry exchange between Ukrainian President Volodymyr Zelensky and US President Donald Trump at the White House. “I suggest not…
The Baltic States are disappointed that the UK failed to invite them to a summit of European leaders on the war in Ukraine on 2 March 2025, Sky News reports. A diplomatic source said that the Baltic States were “truly unhappy,” noting that Russia’s leaders and the Baltic public would assess that the US, UK,…
Lithuanian officials expressed strong support for Ukraine after an argument between US President Donald Trump and Ukrainian President Volodymyr Zelensky at the White House, BNS reported. “Ukraine, you will never walk alone,” Lithuanian President Gitanas Nauseda stated, while Prime Minister Gintautas Paluckas reassured Ukraine of Lithuania’s friendship. Meanwhile, Foreign Minister Kestutis Budrys stressed that Europe’s…
The World Trade Organization (WTO) has again suspended the case over China’s trade restrictions on Lithuania, following a second request from the European Commission (EC), BNS reports. Apparently, EC lawyers have failed to find sufficient proof of Chinese restrictions on Lithuanian goods. The case may now be halted for a year and then terminated if…
Lithuanian President Gitanas Nauseda expressed scepticism about attempts to end the war in Ukraine with a “quick agreement,” BNS reported. Speaking after a phone call with Ukrainian President Volodymyr Zelensky, Nauseda said that he did not believe that a quick ceasefire would lead to sustainable peace. Instead, it could amount to a “moral defeat” for…
Lithuania is “not taking either side” in the dispute over Greenland’s sovereignty, Foreign Minister Kestutis Budrys stated, BNS reports. Earlier, US President Donald Trump threatened to take control of the island by force. Greenland is an autonomous territory of Denmark. Budrys noted that Lithuania, Denmark, and the US were “all allies, bound by both long-standing…
Lithuanian President Gitanas Nauseda does not expect the country’s three-party coalition government to survive, BNS reports. Earlier, Remigijus Zemaitaitis, chairman of the far-right Dawn of Nemunas party, expressed doubts about raising defence spending and labelled Ukraine a corrupt country, LRT reported. Speaking in an interview with Verslo Zinios, Nauseda accused Zemaitaitis of discrediting “not only…
Lithuania’s two largest banks have raised their inflation forecasts for 2025, BNS reports. SEB Bank now expects annual inflation to reach 3.3% in 2025, while Swedbank’s forecast now stands at 3.0%. In November 2025, both banks projected that annual inflation would reach 2.7% in 2025. The banks kept their inflation forecast for 2026 unchanged at…
Lithuania’s average gross monthly wage amounted to EUR 2,218 in 2024, which was up by EUR 204 (10.2%) from 2023, according to the State Data Agency (VDA), BNS reports. The average net monthly wage increased by EUR 116 (9.3%) to EUR 1,365. Real wages rose by 8.5% over a year. The main drivers of wage…