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News 

March 31, 2008

Lithuanian Airports Drop Passport Controls

On March 30, 2008, Lithuania dropped passport controls for air passengers who are Schengen citizens.
March 20, 2008

Lithuania Among World's Top 10 Transition Countries

According to the latest Germany's Bertelsmann Fund transition index report, the top ten transition countries are Lithuania (No. 6), Estonia, the Czech Republic, Slovenia, Taiwan, Hungary, Chile, Uruguay and South Korea.
March 17, 2008

Lithuania's Biggest Achievement in Health, Science and Industry: Lower-cost Drug Against Cancer

The European Medicines Agency has given the regulatory green light to a Lithuanian research team's cheaper version of an existing medicine for treating cancer. It is 25-35% cheaper than a similar treament already on the market, but just as effective.
March 03, 2008

Banks in Lithuania Earn Record-breaking Profit in 2007

Last year the banks operating in Lithuania posted the most impressive profit in their history. According to preliminary data, the net profit of the banks in Lithuania totaled EUR 334.2 million, a rise of 73% from 2006.