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The Lithuanian partnership of success, by Walsh |
Despite hardships suffered by Lithuanians due to recessionary pressures its economy and those of its neighbouring Baltic States, is weathering the crisis better than are others. The adversity in Spain and Greece, by comparison, puts those of the Baltic States in even better perspective.
A Lithuanian order, placed with Spain’s Mondragon Assembly, is fuelling an increase in jobs and local wealth in a company that is also bucking tends. |
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National Energy Independence Strategy was adopted |
An important piece of legislation has just received the maximum endorsement by the Seimas. On Tuesday, June 26th, the Parliament gave its backing to the National Energy Independence Strategy. The strategy establishes the fundamental objectives about Lithuania’s energy sector and the policies that need to be implemented in full by the year 2020. Furthermore, it sets a roadmap guiding the energy sector development by 2030 and 2050. |
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Lithuania’s strategists look in the Nordic direction |
Every year, Lithuania is moving closer and closer to its neighbours in the North. The extent of foreign direct investment from Scandinavia continually grows, the export curve turns upwards. Strategic projects are also moving forward – Lithuania is graduating from a mentor-mentee relationship into equal partnership, experts think, Dovilė Jablonskaitė writes in 15min.lt portal. |
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Commission’s initiative to stimulate growth and jobs in Europe |
The European Commission has announced the biggest ever set of calls for proposals under its 7th Framework Program. In total, €8.1 billion will support projects and ideas in the EU-27 that will boost region's competitiveness and tackle urgent issues that could create additional growth and jobs in 2013. Universities, research organisations and businesses in the Baltic States have to be active in searching for the EU funds. |
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Strategic issues discussed in Berlin |
On May 10 in Berlin, Lithuanian and German Ministers of Foreign Affairs Audronius Azubalis and Guido Westerwelle discussed ways of strengthening the bilateral partnership, which would lead to closer political, economic and cultural ties between the countries and contribute to the European future |
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Lithuania remains open for importers and exporters |
By
the reason of the economic crisis, trade volumes are
declining, however, Lithuania manages to
maintain export. The decrease in domestic consumption made
the import decrease, but consumers’ confidence is rising, so it is
likely that volume of import will also remain stable. |
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