The Lithuanian parliament, the Seimas, has confirmed the ruling Homeland Union’s Ingrida Simonyte as prime minister in a vote of confidence, BNS reports. Altogether 69 MPs voted for Simonyte, while 30 voted against and 25 abstained. The prime minister will now have to agree with the president on ministerial appointments. In Lithuania, the government resigns…
The Baltic power transmission system operators (TSOs) have notified Russia and Belarus of their intention to decouple from the Russian-controlled IPS/UPS electricity system in February 2025, ERR reports. Estonia’s Elering, Latvia’s Augstsprieguma Tikls (AST), and Lithuania’s Litgrid informed the Russian and Belarusian TSOs that they would not extend the BRELL parallel energy system operation agreement….
Lithuanian President Gitanas Nauseda has hinted at the possible replacement of a few government ministers, expressing particular dissatisfaction with the performance of the ministers of health and agriculture, BNS reports. Nauseda has had preliminary discussions with Prime Minister Ingrida Simonyte about the possible changes, emphasising the necessity of action despite the approaching parliamentary elections. The…
The Lithuanian parliament, the Seimas, has approved legislation tightening the supervision of virtual currency companies, BNS reports. Under the amendments, crypto asset companies will have to obtain licences from the Bank of Lithuania. The amendments implement the European Regulation on Markets in Crypto-Assets (MiCA). Market participants have until June 2025 to be licensed. The central…
Lithuanian President Gitanas Nauseda was inaugurated as president for a second term on 12 July 2024, LRT reports. In his inaugural address, Nauseda pledged to strengthen national security, defend Lithuanian interests in foreign policy, continue supporting Ukraine, and foster ties with the US. He called for raising Lithuania’s defence budget to 4% of GDP by…
Lithuania’s Klaipeda State Seaport plans to begin the construction of a new cruise ship terminal in 2024, BNS reports. The terminal will be located near the port city’s Winter Harbour area. The port has opened tendering to select the construction contractor. The new terminal complex will also include a new office building for the port…
The Lithuanian government has granted special status to German arms manufacturer Rheinmetall’s planned artillery ammunition plant in Radviliskis district, BNS reports. The designation allows the company to begin construction of the plant without the standard construction permits, which must be obtained before completion. The plant, which will be named the Lithuanian Centre of Excellence for…
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…