The year 2020 will go down in history of the Port of Klaipėda as the most successful year throughout the lifetime of the Port of Klaipėda. According to preliminary data, last year 47.74 million tons of cargo were handled in the Port of Klaipėda. The best result so far was achieved in 2018 when 46.58 tons of cargo were handled in the port.

Minister of the Economy and Innovation Aušrinė Armonaitė, who had a remote meeting with Director General of Invest Lithuania Mantas Katinas today, says this institution should make maximum use of the existing situation in the world both by attracting investments to our country and by helping businesses of third countries to get established in Lithuania.

Trade MEPs on Monday welcomed the achievements of the agreement between the EU and the UK but promised detailed scrutiny of the deal before a consent decision.

Last week, electricity in Lithuania, as well as in other Baltic countries, rose in price by 24%, and its wholesale price reached 39.54 Eur / MWh.

The Commission has announced on 6th January the first round of direct equity investment through the new European Innovation Council (EIC) Fund. 42 highly innovative start-ups and small and medium-sized businesses (SMEs) will together receive equity financing of around €178 million to develop and scale up breakthrough innovations in health, circular economy, advanced manufacturing and other areas. Among them, the French company CorWave is the first EU company in which the EIC Fund is investing.

Clothes, footwear and household textiles are responsible for water pollution, greenhouse gas emissions and landfill.

The European Commission has approved German plans to contribute up to €1.25 billion to the recapitalisation of TUI AG (TUI), the parent company of the TUI Group, as part of a wider support package. The measure was approved under the State aid Temporary Framework.

The Seimas adopted the budget for 2021, which focuses on containing the effects of coronavirus.

Lithuanian President Gitanas Nauseda signed the 2021 budget bill with a deficit target of 7% of GDP into law on December 29th.

Up to two tons of crude oil spilled on Monday from the loading buoy at the Butinge oil terminal of the Polish-owned Lithuanian oil refining and import company Orlen Lietuva, the Environment Ministry said, based on preliminary data. No oil has been detected on the Baltic Sea coast from Sventoji to Liepaja after Monday's spill at the Butinge crude terminal, the Lithuanian unit of Poland's oil group Orlen said.