LT & EU News

Latest business news about Lithuania and the European Union.

May 2nd
On 11 March 1990, Lithuania became the first of the Soviet republics to declare its independence, but Moscow did not recognize this proclamation until September of 1991 (following the abortive coup in Moscow). The last Russian troops withdrew in 1993. Lit…
December 1st
Lithuania joined the European Union in 2004 and is currently preparing to adopt the euro.
November 21st
It is only a few weeks to go until Lithuanians start using euros to pay for everyday transactions in their country. On 1 January 2015, Lithuania will become the 19th member of the euro area, which will then encompass all three Baltic States. On 21 Novembe…
November 19th
The European Commission on 18 November confirmed its intention to adopt a EUR 28m support package for milk producers in Estonia, Latvia and Lithuania. This new package is the latest in a series adopted by the Commission in response to the Russian ban on t…
July 2nd
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 provisio…
July 2nd
An overview of the process of starting a new business in Lithuania.
April 28th
The Labour Code in Luxembourg covers employee rights regarding health and safety in the workplace, discrimination, recruitment, dismissal, and employment contracts.
April 27th
Several legal acts in Lithuania regulate sustainable development. However, businesses can voluntariliy choose whether to undertake corporate social initiatives.
April 27th
Legislation in Lithuania has set out environmental rules that businesses have to follow in order to be able to operate.
April 27th
This guide outlines the major social rules on staff welfare in Lithuania.
February 8th
In the framework of the EU accession negotiations, Bulgaria, Lithuania and Slovakia committed to the early closure and decommissioning of eight nuclear reactors, thus facing a significant production capacity loss. The Court assessed the effectiveness of t…
July 26th
The PricewaterhouseCoopers guide "Tax Facts & Figures 2010 Lithuania" provides information about doing business in Lithuania, social security, taxes, accounting, etc.
April 22nd
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.
March 26th
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…
November 20th
Contacts of the European Commission representation in Lithuania.