Lithuania and the EU

Latest business news about Lithuania and the European Union.

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Lithuania approves growing hemp for textiles — 23 May 2013, 15:57 CET

Lithuania on Thursday legalised growing hemp as of January for the industrial-scale production of textiles, making it the last of the EU's 27 members to give it the green light.

Shale gas could curb Gazprom prices: Commissioner — 10 May 2013, 15:25 CET

The development of shale gas in Europe could help the continent obtain better deals from its current key supplier, the Russian giant Gazprom, EU Energy Commissioner Guenther Oettinger said on Friday.

Lithuania protests airspace violation by Belarus fighter — 18 April 2013, 21:48 CET

Lithuania on Thursday accused Belarus of violating its airspace with a military fighter plane, an incident coinciding with the Belarussian prime minister's visit to the Baltic state.

Lithuania anticipates thaw in EU-Belarus ties — 18 April 2013, 15:52 CET

Lithuania said Thursday it expected smoother relations between neighbour Belarus and the European Union, as the Baltic state gears up to take over the rotating EU presidency in July.

Russian cash not flooding Latvia amid Cyprus thaw: minister — 28 March 2013, 18:50 CET

Eurozone hopeful Latvia insisted Thursday the Baltic state was not in danger of becoming a new offshore haven for Russian cash amid the debt and banking crisis racking zone member Cyprus.

Baltics nix idea of euro referendum — 28 March 2013, 16:16 CET

Lithuania and Latvia on Thursday rejected the idea of a referendum on joining the crisis-struck eurozone, fearing a proposal raised this week in neighbouring Poland could derail what they termed a strategic decision.

Russian cash not flooding Latvia amid Cyprus thaw: minister — 28 March 2013, 14:02 CET

Eurozone hopeful Latvia insisted Thursday the Baltic state was not in danger of becoming a new offshore haven for Russian cash amid the debt and banking crisis racking zone member Cyprus.

Britain's EU exit 'extremely unlikely': speaker — 20 February 2013, 21:34 CET

Britain is very unlikely to quit the EU in a referendum, its speaker of parliament said Wednesday, despite a poll earlier this week showing otherwise.

Ukraine wants talks on 'unfair' $7 bn Gazprom bill: president — 06 February 2013, 15:11 CET

Ukrainian President Viktor Yanukovych on Wednesday called a $7 billion bill from Russian gas giant Gazprom unfair, saying he was prepared to negotiate with Moscow.

EU funds frozen for Lithuanian nuclear decommissioning — 14 December 2012, 16:59 CET

European Union funding for the decommissioning of Lithuania's Soviet-era nuclear reactor has been frozen to raise pressure to wrap up talks on the operation.

Lithuania slams Belarus nixing visa for vote observer — 21 September 2012, 16:47 CET

Lithuania summoned Belarus's acting embassy chief Friday to protest Minsk's refusal to grant a visa to a lawmaker from the EU state who planned to observe upcoming elections in the neighbouring country.

Lithuania opens probe into Belarus 'teddy bear' stunt — 16 August 2012, 13:34 CET

Lithuanian prosecutors have launched an official probe into a stunt by Swedish activists who flew a plane into Belarus from Lithuania to drop hundreds of "freedom teddy bears."

Lithuania to hold referendum on new nuclear plant — 16 July 2012, 18:37 CET

Lithuania's parliament on Monday called a referendum on plans for an atomic power plant to replace a Soviet-era facility closed under the terms of Lithuania's entry into the EU.

Lithuanian parliament ratifies EU's key fiscal pact — 28 June 2012, 18:32 CET

Lithuania's parliament ratified Thursday the European Union's fiscal pact aimed at enforcing stricter budgetary rules in the bloc and preventing the high public deficits that sparked the eurozone crisis.

Lithuania: country overview — 12 February 2013, 18:03 CET

Despite Lithuania's EU accession, Lithuania's trade with its Central and Eastern European neighbors, and Russia in particular, accounts for a growing percentage of total trade. Privatization of the large, state-owned utilities is nearly complete. Foreign government and business support have helped in the transition from the old command economy to a market economy.

Doing business in Luxembourg: Staff welfare — 28 April 2012, 13:23 CET

The Labour Code in Luxembourg covers employee rights regarding health and safety in the workplace, discrimination, recruitment, dismissal, and employment contracts.

Doing business in Lithuania: Environmental rules — 27 April 2012, 23:16 CET

Legislation in Lithuania has set out environmental rules that businesses have to follow in order to be able to operate.

Doing business in Lithuania: Staff welfare — 27 April 2012, 22:01 CET

This guide outlines the major social rules on staff welfare in Lithuania.

Doing business in Lithuania: Sustainability — 27 April 2012, 23:21 CET

Several legal acts in Lithuania regulate sustainable development. However, businesses can voluntariliy choose whether to undertake corporate social initiatives.

Tax Facts & Figures 2010 — 26 July 2010, 17:09 CET

The PricewaterhouseCoopers guide "Tax Facts & Figures 2010 Lithuania" provides information about doing business in Lithuania, social security, taxes, accounting, etc.

Illegal cigarette factory in Lithuania raided — 22 April 2010, 23:37 CET

An illegal cigarette factory in Vilnius, capable of producing at least 1000 cigarettes a minute, has been raided and closed down in an operation mounted by Lithuanian Customs supported by OLAF.

Lithuania withdraws proposed regulation on telecoms — 26 March 2010, 11:34 CET

On 16 March 2010 the Lithuanian Authority, Ryšių reguliavimo tarnyba (RRT), informed the European Commission that it was withdrawing its proposed measure on network infrastructure access markets. The Commission had earlier this month raised serious doubts about the compatibility of the proposed regulation with the principles of EU competition law.

Representation of the European Commission in Lithuania — 20 November 2009, 23:05 CET

Contacts of the European Commission representation in Lithuania.

Access to finance — 02 July 2012, 12:06 CET

The Law on Small and Medium Size Business Development of the Republic of Lithuania that came into force on 1 January 2008 defines the types of small and medium size businesses, the forms of state aid available to them and other important relevant provisions.

Setting up a business in Lithuania — 02 July 2012, 11:52 CET

An overview of the process of starting a new business in Lithuania.