The Bank of Lithuania, in response to complaints about the customers of UAB epayblock, has launched an investigation of this electronic money institution in relation to potential infringements of requirements on the prevention of money laundering and terrorist financing and partly restricted its activities during the investigation period.

Having issued the world’s first digital collector coin LBCOIN a year ago, the Bank of Lithuania applied the experience gained in the project in the digital euro feasibility study.

The European Commission (EC) has approved a public support measure for Palanga Airport in Lithuania under EU State aid rules. Investment aid amounting to €10.25 million is planned for the modernisation of the airport’s infrastructure: reconstruction of the runway, taxiway, southern and northern aircraft aprons, and refurbishment of engineering systems.

The Bank of Lithuania published the monetary financial institutions (MFI) balance sheet and interest rate data for June 2021, which shows that:

As passenger flows rapidly recover at Lithuania’s airports, at the same time, extra document checking procedures persist, travellers are being urged to prepare for their journey ahead of time so that they avoid long queues at flight registration and aviation security checkpoints. In addition, passengers are being reminded to arrive at the airport at least two hours before their flight. They have the passenger arrival forms required by specific countries, which must be filled in before arriving at the border.

Oro navigacija, state enterprise providing air traffic control services in Lithuanian airspace, has a newly appointed CEO. Saulius Batavičius, having considerable aviation sector management experience, was chosen and appointed as a CEO by Minister Marius Skuodis following the selection held by the Ministry of Transport and Communications.

After visiting Vėjo projektai, a company in Klaipėda which produces Lithuanian electric buses called Dancer, Minister of Transport and Communications Marius Skuodis presented an ambitious objective – by 2030, to replace the old means of public transport and to include green, renewable energy-powered means of transport adapted for persons with special needs in the country’s bus fleet.

Prime Minister Ingrida Šimonytė and Minister of Transport and Communications Marius Skuodis visited Klaipėda to inspect Malkų Įlanka, which has been developed in recent years, and the prospective southern part, which should be greatly expanded in the coming years. Successful investments in Malkų Įlanka allow the Port of Klaipėda to strengthen its position in the ship repair market, increase its cargo handling capacity, and the planned expansion of the southern part of the Port will be an important step in the region’s development.

The Ministry of Transport and Communications, the Klaipėda State Seaport Authority and the Association of Lithuanian Stevedoring Companies have reached an agreement regarding the Klaipėda Seaport land lease fee, which has not been changed for more than a decade. On Wednesday, Minister of Transport and Communications Marius Skuodis signed an order which establishes a new fee calculation method.

On July 19, the first train from the Netherlands loaded with containers and semi-trailers, which arrived at the terminal by the European standard-gauge railway was met at Kaunas Intermodal Terminal (KIT). Therefore, KIT has become the most easternmost point of the European railway system, which, after the completion of all works and formalities on the Rail Baltica railway section Kaunas-Palemonas, can be reached by European standard rolling stock.