EconomyAfter deliberations, the City Council of Vilnius adopted the 2023 capital city budget comprising EUR 1.205 billion, 16.9% more than last year. The main focus will be on expanding the school network and public spaces for recreation, investing in the quality of public transport, and creating new cycling and walking paths. On Tuesday, MEPs backed plans to secure the EU supply of chips by boosting production and innovation, and setting up emergency measures against shortages. The Ministers of Transport of the Baltic States met in Tallinn on Monday and agreed to strengthen cooperation to improve mutual and international logistics links, and to discuss the possibility of launching passenger train services between the Baltic capitals. They also agreed to speed up the implementation of the European railway Rail Baltica. Lithuania, Latvia and Estonia will work together to develop the North–South Transport Corridor with the aim of creating an additional transport link with Ukraine. The President outlined the opportunities in the Lithuanian financial sector to Goldman Sachs2023-01-23, 12:46President Gitanas Nausėda met with Jared Cohen, President of Global Affairs and the member of the Management Committee at Goldman Sachs, the world’s leading financial company, at the Davos World Economic Forum. “Finnair” airline will increase the frequency of flights between Vilnius and Helsinki: with four flights each day2023-01-22, 14:27Finnish airline “Finnair” is expanding its operations at Vilnius Airport and increasing the frequency of flights between the capital cities of Finland and Lithuania. From the beginning of this year's summer season, the number of flights between Helsinki and Vilnius will increase to 26 flights per week, and from 1 May, flights will be operated up to 4 times a day. Lithuanian Airports’ Priorities for 2023: expansion of passenger terminals, promotion of flights and an analysis of development in the upcoming decades2023-01-21, 16:13The strategic priorities of Lithuanian Airports for 2023 include the construction of the new Vilnius passenger departure terminal, the expansion of the northern apron of Kaunas Airport and an analysis of the possibilities for the expansion of the passenger terminal of this airport. According to the CEO of Lithuanian Airports, this year the aim will be to continue the rapid growth rates of aviation indicators and to develop a new flight incentive model in priority destinations. The Bank of Lithuania published the balance of payments for November 2022, which shows that: A. Armonaitė: "A new factory in Akmenė would become one of the largest foreign investments in Lithuania"2023-01-19, 19:56On Wednesday, Minister of the Economy and Innovation, Aušrinė Armonaitė, met with the leaders of the Irish company Clon Bio Group and introduced them to the advantages of our country that can be used by large foreign investors. The Irish company presented to the Minister the possibility of investing up to EUR 250 million in a plant protein factory in Lithuania. In order to strengthen the representation of Lithuania's economic interests in Poland, which is one of Lithuania's priority markets for exports and innovation cooperation, Tomašas Pozlevičius has taken up the post of Commercial Attaché at the Embassy of the Republic of Lithuania to the Republic of Poland. The European Commission today has approved, under EU State aid rules, a €14.28 million measure to support Lietuvos Oro Uostai, the operator of Vilnius airport. |
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