Economic Overview in Lithuania

The economy of Lithuania is the largest economy among the three Baltic states. Lithuania is a member of the European Union and its GDP per capita is the highest in the Baltic states. Lithu­ania belongs to the group of very high human development countries and is a member of WTO and OECD. Lithuania was...

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Vilnius comes in 2nd in Financial Times’ fDi Intelligence ranking

Lithuania has come in second in the Financial Times' latest ranking of Europe's financially and economically advanced and entrepreneurial cities. Vilnius was assessed in the general category of medium-size cities as part of the ranking announced on Thursday, the Lithuanian capital's development agency Go Vilnius said. Produced by the Financial Times' investment arm fDi Intelligence, the...

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Vilnius University hosting cybersecurity competition

Kaunas Faculty of Vilnius University (VU) is hosting VU Cyberthon, an international cybersecurity tournament. Some 600 participants from more than ten countries around the world have registered for the competition that will run on Thursday and Friday. "In the first part of the event, guest lecturers will read thematic reports on vulnerabilities in web applications, information...

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Lithuania’s Kaunas kicks off European Capital of Culture year

Lithuania's second-largest city of Kaunas on Saturday kicked off its Kaunas – the European Capital of Culture year with the opening event Uprising, seeking to show Lithuania and the world the city's cultural potential. Some 40,000 free tickets were distributed for people to attend the opening event outside the Zalgirs Arena on the Nemunas Island. Also...

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Vilnius named UNESCO City of Literature

Vilnius has been named a Creative City of Literature by UNESCO, the Lithuanian capital has said. "Vilnius has been recognized by UNESCO as a City of Literature. It really is. At least for me – starting with the letters of [Lithuanian Grand Duke] Gediminas," Vilnius Mayor Remigijus Simasius said in a press release. "Then [it was...

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Ambassador Ricardas Degutis presented his letter of credence to the President of the Republic of Turkey

On the 3rd November, H.E. Mr Ričardas Degutis, Ambassador of the Republic of Lithuania to the Republic of Turkey, presented his letter of credence to H.E. Mr Recep Tayyip Erdoğan, President of the Republic of Turkey. During the meeting, the relations between Lithuania and Turkey, the common interests in strengthening security, expansion of economic cooperation...

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