The Commission opened infringement procedures against 24 Member States for failing to enact new EU telecom rules. The European Electronic Communications Code modernises the European regulatory framework for electronic communications, to enhance consumers' choices and rights, for example by ensuring clearer contracts, quality of services, and competitive markets. The Code also ensures higher standards of communication services, including more efficient and accessible emergency communications. Furthermore, it allows operators to benefit from rules incentivising investments in very-high capacity networks, as well as from enhanced regulatory predictability, leading to more innovative digital services and infrastructures.

In accordance with the recommendations of the Organisation for Economic Co-operation and Development, the Bank of Lithuania has compiled and is starting the publication of the data on annual foreign direct investment (FDI) by the ultimate investing country.

Minister of Transport and Communications Marius Skuodis held a remote conversation on Friday with the Minister for Infrastructure and Housing Pedro Nuno Santos of Portugal, which currently holds the EU presidency, with Lithuania hoping that the EU will adhere to the approved Rail Baltica financing plan.

The €672.5 billion Recovery and Resilience Facility is the key tool in the EU's Covid-19 recovery plan to support reforms in response to the crisis.

Prime Minister Ingrida Šimonytė and Chancellor of Germany Angela Merkel have discussed cooperation in the supply of vaccines to the European Union, a common EU policy towards Russia, and support for the people of Belarus. The meeting has also emphasised the importance of implementing the EU’s Multiannual Financial Framework and the European Economic Recovery Plan.

The second stage of the land acquisition process on which the secondary roads of Rail Baltica railway section from Kaunas to Lithuanian/Latvian border will be built and reconstructed is nearing the end. After the completion of the legal formalities by the Ministry of Transport and Communications of Lithuania, a total of just over 1,500 hectares of land will be taken for public use.

The Prime Minister Ingrida Šimonytė has attended a remote opening of a new unit of Thermo Fisher Scientific.

The Bank of Lithuania published the monetary financial institution (MFI) balance sheet and interest rate data for December 2020, which show that:

The Bank of Lithuania dedicates much effort to the strengthening of cybersecurity. In order to further boost competition in this priority area, the Bank of Lithuania has set an objective to become an advanced institution in terms of cybersecurity maturity level. It will seek to reach this objective by 2024, taking into account the guidelines established by the European Central Bank (ECB).

On Thursday, Parliament and Council reached a provisional agreement on the EU Social Fund+ that contributes to social inclusion, job opportunities and fighting poverty.