Lithuania

International Internet Magazine. Baltic States news & analytics Thursday, 02.07.2020, 16:40

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SEB: Lithuania’s economy to fall by 6.7% in 2020

SEB: Lithuania’s economy to fall by 6.7% in 2020

02.07.2020

Lithuania’s economy had no obvious imbalances before the onset of the coronavirus crisis, which enabled it to withstand the hit dealt by the pandemic in spring and offered the country’s business a reasonably good potential to recover rapidly from the trough, which was experienced in the second quarter, in the remaining quarters of this year, the Scandinavian financial group SEB said on Thursday, cites LETA/BNS.

Keyword tags: Analytics, Economics, EU – Baltic States, Financial Services, GDP, Lithuania



Lithuania‘s media watchdog mulls following Latvia’s suit in banning RT TV channels

Lithuania‘s media watchdog mulls following Latvia’s suit in banning RT TV channels

02.07.2020

Lithuania's media watchdog, the Radio and Television Commission of Lithuania (LRTK), is considering following Latvia’s suit in banning TV channels of RT group controlled by Russia’s state but the decision will only be taken after the Ministry of Foreign Affairs publishes its opinion on the application of the European Union’s (EU) sanctions, Mantas Martisius, the commission’s chairman, has said LETA/BNS.

An immersive exhibition by Saskia Boddeke and Peter Greenaway is opened in Vilnius

An immersive exhibition by Saskia Boddeke and Peter Greenaway is opened in Vilnius

01.07.2020

This summer MO Museum in Vilnius opens a new exhibition Why Is It Hard to Love?. It is curated by innovative Dutch multimedia artist and director Saskia Boddeke and one of the most original filmmakers of our times Peter Greenaway. The exhibition becomes a work of art itself as Boddeke and Greenaway present site-specific immersive installations in relation to the highlights of Lithuanian contemporary art from the MO Museum and other collections.


Lithuania's new car market shrinks 29% in H1 y-o-y

Lithuania's new car market shrinks 29% in H1 y-o-y

01.07.2020

A total of 18,503 new passenger cars were registered in Lithuania in the first half of 2020, down 29.2% from 26,152 in the same period last year, the market research company Autotyrimai said LETA/BNS.

ACE Logistics launches regular freight transportation by rail from China to Lithuania

ACE Logistics launches regular freight transportation by rail from China to Lithuania

01.07.2020

Lithuanian logistics company ACE Logistics has launched regular freight transportation by rail from China to Lithuania, informs LETA/BNS.


01.07.2020

Vilnius bourse suspends trading in Grigeo shares

The Nasdaq Vilnius Stock Exchange has on Wednesday suspended trading in the shares of Grigeo, a Lithuanian paper producer, at a request of the central Bank of Lithuania due to the delay of submission of audited annual report of Grigeo, writes LETA/BNS.

01.07.2020

Lithuania's Ignitis Group posts 1.4% drop in revenue to EUR 494.6 mln

Lithuania's state-owned energy group Ignitis Grupe (Ignitis Group) earned 494.6 mln euros in revenue in the first five months of this year, down 1.4% from 501.5 mln euros from the same period last year, the group said via the Nasdaq Vilnius Stock Exchange.

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