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The EU urges China to lift ‘unjustified’ sanctions on Lithuanian banks

“According to the preliminary assessment, this decision will not have a significant impact on either the country’s financial system or the activities of the banks themselves, since the business models of the mentioned banks are focused on the...

Lithuania Backs EU Semiconductor Strategy To Secure Supply Chains

Lithuania Backs EU Semiconductor Strategy To Secure Supply Chains

(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 13. Lithuania is set to join the European Semiconductor Coalition by signing its official declaration-an EU strategic initiative aimed at boosting the continent's technological leadership in the...

Lithuania to join European Semiconductor Coalition

VILNIUS, Aug. 12 (Xinhua) -- Lithuania is planning to join the declaration of the European Semiconductor Coalition, the Economy and Innovation Ministry said on Tuesday. Economy and Innovation Minister Lukas Savickas said the country has a solid...

The EU urges China to lift 'unjustified' sanctions on Lithuanian banks

The EU urges China to lift 'unjustified' sanctions on Lithuanian banks

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our...

Career Opportunities for Legal Professionals with Financial Education Await Not Only in Lithuania, but Also in Europe

Legal knowledge alone is no longer enough for today's lawyer. According to Dr. Paulius Astromskis, associate professor at Vytautas Magnus University (VMU), the rapidly expanding FinTech sector in Lithuania requires experienced professionals with...

Embraer sets Lithuanian partnerships to deepen defence ties

The company's MoUs with eight universities and companies outline MRO, engineering, technology and supply chain work after Lithuania selected the C-390 for its air force. Embraer has signed a series of Memorandums of Understanding with Lithuanian...

Lithuania to teach thousands, including schoolchildren, how to build and pilot drones

Lithuania to teach thousands, including schoolchildren, how to build and pilot drones

VILNIUS, Lithuania (AP) — Lithuania's government said Tuesday it plans to open nine drone training centers over the next three years to teach thousands of people, including schoolchildren, skills in flying and building the machines. Drones have...

China targets two Lithuanian banks in retaliation to EU sanctions

China targets two Lithuanian banks in retaliation to EU sanctions

China imposes sanctions on two Lithuanian banks in response to the EU’s Russia-related sanctions against Chinese banks. China has applied sanctions against two Lithuanian financial institutions in response to the European Union's latest sanctions...

Kyiv's supporters must be prepared for troop deployment in Ukraine, Lithuanian president says

Kyiv's supporters must be prepared for troop deployment in Ukraine, Lithuanian president says

Gitanas Nausėda. Stock photo: Getty Images Lithuania's President Gitanas Nausėda has said that the countries of the coalition of the willing – military allies supporting Ukraine – must be prepared for the deployment of troops in Ukraine. Source:...

Porziņģis looks ahead to Lithuania derby clash

Porziņģis looks ahead to Lithuania derby clash

On Thursday, August 14, the Latvian national basketball team will play its first warm-up match in Rīga in preparation for the upcoming European Championships or "EuroBasket 2025". Thursday's clash will be a big one, with Latvia hosting...

Lithuania Plans to Allocate More Than €460 Million for Down Payment for Leopard 2A8 Tanks

Lithuania Plans to Allocate More Than €460 Million for Down Payment for Leopard 2A8 Tanks

The Lithuanian government intends to allocate more than €461 million for an advance payment for Leopard 2A8 main battle tanks. The report comes from Delfi. This amount is provided for in a draft government resolution registered by the country’s...

Defender Samuel Abbey-Ashie Quaye severe contract with Lithuanian second-tier side Babrungas

Defender Samuel Abbey-Ashie Quaye severe contract with Lithuanian second-tier side Babrungas

Lithuanian second-tier side FK Babrungas have terminated the contract of defender Samuel Abbey-Ashie Quaye after just six months. The club statement read, "Thank you for your great contribution to the team's results in the first round and good...

Lithuania Nears Full Allocation Of NKL Funding Calls

Lithuania Nears Full Allocation Of NKL Funding Calls

(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 12. In the first seven months of 2025, Lithuania has shelled out 713 million euros from EU structural funds and the New Generation Lithuania (NKL) plan for a variety of public and private sector...

Lithuanian GREÏ secures €650K to reduce operational inefficiencies in AI software

Lithuanian GREÏ secures €650K to reduce operational inefficiencies in AI software

Lithuanian SaaS GREÏ has raised €650,000 in pre-seed funding to scale its AI-powered operational intelligence platform. The company aims to address a growing need in the manufacturing, logistics, and retail industries manage overwhelming amounts...

Lithuania Launches Fierce Wolf 2025 Drills Near Belarus Amid Tensions Over Russian Belarusian Zapad 2025

Lithuania Launches Fierce Wolf 2025 Drills Near Belarus Amid Tensions Over Russian Belarusian Zapad 2025

On August 11, 2025, Lithuania began the Arsus Vilkas (Fierce Wolf) 2025 military exercises in the border regions with Belarus, as reported by the Lithuanian Armed Forces. Taking place from August 11 to 22, these maneuvers come just days after the...

China targets 2 Lithuanian lenders over EU action against Chinese rural banks

China targets 2 Lithuanian lenders over EU action against Chinese rural banks

12China has imposed sanctions on two Lithuanian lenders in response to the European Union’s Russia package, escalating friction in EU–China ties. Beijing’s Ministry of Commerce said on 13 August that UAB Urbo Bankas and AB Mano Bankas are banned...

Klaipėda Port advances major southern expansion

Klaipėda Port advances major southern expansion

Klaipėda Port has announced that it is preparing for the development of its southern part, slated to be one of the largest projects in the port’s history. Technical designers have already started work and are now developing specific engineering...

Italy, Lithuania enjoy Quarter-Final game-winners as last four is set

Italy, Lithuania enjoy Quarter-Final game-winners as last four is set

TBILISI (Georgia) - A thoroughly entertaining day of Quarter-Final action at the FIBA U16 EuroBasket saw the last four emerge in Tbilisi. Italy, Lithuania, Slovenia, and Serbia not only sealed their spot in the Semi-Finals but also qualified for...

Klaipėda Port starts construction on green hydrogen site

Klaipėda Port starts construction on green hydrogen site

The Port of Klaipėda has begun construction on a site dedicated to green hydrogen production and supply. This stage of the project will be completed within a few months, and by next spring, the Port of Klaipėda will become the first in Lithuania...

Lithuania Producer Prices Fall 2.8%

Lithuania Producer Prices Fall 2.8%

Lithuania's producer prices continued their falling trend in July, data from Statistics Lithuania showed on Monday. The producer price index dropped 2.8 percent year-on-year in July, following a 2.6 percent decrease in June. Prices have been...

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