Baltic: Lithuanians strongest supporters of Ukraine: Eurobarometer

Lithuanians are the biggest supporters of Ukraine in the Baltic States, according to a Eurobarometer poll, BNS reports. As many as 95% of Lithuanians agree with providing humanitarian support to people affected by the war in Ukraine, compared with 91% in Latvia and 89% in Estonia. Another 93% of Lithuanians, 87% of Latvians, and 77%…

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Lithuania: New players to enter banking market in 2024: central bank

New players will enter the Lithuanian banking market in 2024, Simonas Krepsta, board member of the Bank of Lithuania, announced, BNS reports. Speaking in an interview with LRT, Krepsta said that Polish banks had contacted Lithuanian regulators and the business community. He noted that the Lithuanian banking sector was “exceptionally profitable.” Earlier, Poland’s Bank Pekao…

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Lithuania: Income growth to exceed inflation 3-4 times in 2024: minister

The growth of household income in Lithuania will exceed inflation by 3-4 times in 2024, Social Security and Labour Minister Monika Navickiene forecasts, BNS reports. The Social Security and Labour Ministry expects that household income will rise by an average 12% on year in 2024, while the Finance Ministry expects Lithuania’s average annual inflation to…

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Baltic: Estonia, Latvia suspend funding to UNRWA

Estonia and Latvia have joined several other countries in suspending funding to the United Nations Relief and Works Agency (UNRWA), ERR and LETA reported. The move comes after allegations that several members of UNRWA’s staff had taken part in the Hamas terrorist attack against Israel on 7 October 2023. The Estonian and Latvian foreign ministries…

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Lithuania: Vilnius schools to stop offering Russian as second language

Lithuania’s Vilnius city municipality plans to stop offering Russian as a second foreign language to sixth-grade school students as of the academic year 2024/2025, LRT reports. Deputy mayor Arunas Sileris said that the municipality wanted to increase the availability of official EU languages at schools. Going forward, sixth-graders will be able to choose French, German,…

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Lithuania: Lithuania, Poland to hold joint military exercise in Suwalki Gap

Lithuania and Poland plan to hold joint military exercises in the so-called Suwalki Gap, Lithuanian President Gitanas Nauseda announced, BNS reports. Speaking after a meeting with Polish President Andrzej Duda in Vilnius, Nauseda suggested that the exercise could take place in April 2024. He said that the two countries would undertake joint measures to increase…

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Baltic: Customs to coordinate sanction controls on Russia, Belarus

The customs authorities of the three Baltic States have agreed on uniform application of EU sanctions against Russia and Belarus, BNS reports. The directors of the Estonian, Latvian, and Lithuanian customs departments agreed to introduce stricter controls on sanctioned goods exported to or transiting through Russia and Belarus to third countries. The measures include requiring…

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Lithuania: Ukraine may move drone production to Lithuania: minister

Ukraine may move part of its drone production to Lithuania, Foreign Minister Gabrielius Landsbergis announced, BNS reports. Speaking during a visit to Kyiv, Landsbergis said that one option would be to set up joint drone production in Lithuania. Earlier, the Lithuanian Armed Forces (LGP) announced plans to acquire reconnaissance drones within three years, BNS reported….

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