National security, defence, and education will remain the main priorities of Lithuania’s state budget in 2025, Prime Minister Ingrida Simonyte stated, BNS reports. Speaking in an interview with Info TV, Simonyte said that the government would spend a large part of budget revenues to raise pensions, increase teacher salaries, and service the public debt. The…
Lithuanian Transport Minister Marius Skuodis says EUR 1.3bn is needed to significantly improve the country’s road infrastructure, BNS reports. The current budget for road maintenance is EUR 872mn, which falls short of the necessary amount to address the deteriorating conditions, Skuodis says. The Ministry of Transport is exploring ways to provide direct funding to the…
Lithuanian MEP-elect Virginijus Sinkevicius has been elected as one of the six vice chairpersons of the Greens/European Free Alliance group in the European Parliament, BNS reports. Sinkevicius served as the European Commissioner for the Environment, Oceans and Fisheries in the outgoing European Commission. He is a member of the opposition Union of Democrats for Lithuania…
Lithuania’s Ministry of Defence will procure various types of unmanned aerial vehicles (UAVs) for EUR 36mn, BNS reports. The Defence Materiel Agency (GRA) has signed contracts to buy reconnaissance drones from Estonia’s Threod Systems and Latvia’s Edge Autonomy as well as quadcopter drones from Lithuania’s Deftools. Most of the drones will be delivered in autumn 2024…
Lithuania will acquire Polish-made Piorun air defence systems, Defence Minister Laurynas Kasciunas announced, BNS reports. Polish Defence Minister Wladyslaw Kosiniak-Kamysz proposed that Lithuania procure the new systems jointly with Poland. Kasciunas said that Lithuania was “very pleased” with the offer. Lithuania already has an older version of the Polish-made Grom air defence system but will…
The Lithuanian government has approved a draft resolution to withdraw from the Convention on Cluster Munitions, allowing to acquire, stockpile, and use these weapons, BNS reports. The proposal from the Defence Ministry follows the US decision to supply cluster munitions to Ukraine and is based on the argument that these munitions are highly effective for…
Representatives from Lithuania’s five largest commercial banks — Citadele, Luminor, OP Corporate Bank, SEB Bank, and Swedbank — met with Prime Minister Ingrida Simonyte to express dissatisfaction with the extension of the windfall tax on bank profits, BNS reports. They voiced concerns over the unpredictability of the investment environment and the lack of cooperation between…
Lithuania’s State Data Protection Inspectorate (VDAI) has imposed a fine of EUR 2.39mn on the local online marketplace for second-hand goods, Vinted, for violating consumer data protection laws, BNS reports. The fine follows complaints from French and Polish supervisory authorities and pertains to breaches of the EU’s General Data Protection Regulation (GDPR). Vinted was found…
Lithuanian MEP Viktor Uspaskich has returned to the Labour Party as its interim chairman, BNS reports. Uspaskich was reinstated following the resignation of MP Valentinas Bukauskas and after the opposition party’s poor performance in recent presidential and European Parliament elections. The Labour Party’s council has formed a group to negotiate potential coalitions for the upcoming…