Minister: summer drought pushed Germany’s agriculture into a huge crisis
This summer’s drought has pushed Germany’s agriculture into a “huge nationwide crisis,” the country’s agriculture minister said on Wednesday, announcing new emergency loans…
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IKEA lowers prices: Lithuanian residents will feel it too
Swedish home furniture and accessories retail company IKEA is reducing its assortment prices in Europe. In total, IKEA is investing about 1.2 billion in lower prices in the region….
The court rejected Orlen Lietuvos’s request to temporarily seize Petrofac’s assets in Lithuania
The court rejected the request of the Lithuanian oil import and refining company “Orlen Lietuva” to temporarily seize the billion-dollar project at the Mažeikiai plant of its former contractor…
LTOU revenue in the first half of the year grew to 37 million euros, EBITDA – to 12 million euros
The state-owned company Lithuanian Airports (LTOU) received nearly 37 million euros in unaudited revenue in the first half of this year – 9% more than at the same time last year, on Thursday…
Traders are cunning: explained when such a fee cannot be applied to buyers
The Bank of Lithuania draws attention to the spreading practice where the consumer paying for a product or service has to pay the payment service provider chosen by the merchant. When…
Warning to buyers of “Depo”: this product contains a very high concentration of lead
The happiness casting set consists of 6 figures and a ladle. The product labeling information provided by the distributor states that this is a lead casting fortune-telling set (6 molds + 1 ladle), not intended for children under 14 years old. It is warned that it is harmful if swallowed and it is advised to…
Tadas Povilauskas. In summer, residents spent money without scruples
This summer, residents’ spending on goods and services grew faster than last year. People did not hold back spending money either in Lithuania or while traveling abroad. Most attention,…
National Audit Office: recyclable waste is too often taken to landfills
More than three years after the State Audit Office’s audit “Municipal Waste Management,” two of the seven recommendations have been implemented. The most important changes are yet…
Inga Ruginienė: it is realistic to make a national agreement on family promotion
Minister of Social Security and Labour Inga Ruginienė considers the possibility for the country’s political parties to sign a national agreement, which would encourage families and be…
A cruel scheme is spreading in Russia: property is taken away without any mercy
The number of illegal lenders in Russia has more than doubled in a year. Some of them do not aim to earn from high interest rates but wait for the first default on obligations,…