Are you a 16-30 year old running a project with a European dimension? If so, you have until 23 February to register for the 2015 edition of the Charlemagne Youth Prize. The aim of the Prize is to encourage the development of European consciousness among young people, as well as their participation in European integration projects. Read on to be in with a chance of winning a cash prize as well as trips to Aachen and the European Parliament.

With the improvement of economic situation in Lithuania, more and more people are looking for better opportunities to "employ" money. One of the most popular ways is the mutual investment fund; however, the economic crisis has proved, that without specific knowledge, the investments into such funds could be dangerous. While looking for safe investment opportunities, a student of Vilnius Gediminas Technical University (VGTU) with his colleagues, set up a hedge fund, the top priority of which is the research-based risk management. Already for the third year in a row, the hedge fund, according to its profitability, is about seventy per cent ahead of the prestigious globally operating funds, entering the "Morningstar" database.

In the online world the borders are blurred. Experts from different parts of the world can come together and work on a project, citizens can invest and support innovative ideas on crowdsourcing web sites, and objects can be designed in one country and instantly printed in another. What could be the impact of such technologies on the economy? Parliament's Science and Technology Options Assessment panel (STOA) will discuss the issue today from 14:00 CET. Follow the event live here.

On 22 January 2015, Telecommunications Research Centre M2M (machine-to-machine) laboratory was opened officially at the Faculty of Physics of Vilnius University.

What happened to all the ideas discussed during the European Youth Event 2014, when 6,000 young Europeans met in Strasbourg to discuss the EU's future? From 20 January former EYE participants will present their ideas to a number of Parliament's committees. You can follow the hearings online and contribute to the discussion using the hashtag #EYEhearings.

In January, 17 children (age 10-15) from various Ukraine regions came into Vilnius' support camp. Currently their parents are fighting, dead or missing. On the 16th of January children visited Lithuanian University of Educational Sciences.

The Summer of Sangaile by the Lithuanian director Alante Kavaite to be screened in the main programme of Berlinale Panorama. The film will have its European premiere in Berlin while its World Premiere is a couple of days ahead in Sundance, the Lithuanian Film Centre said.

Generally, a prison is not a preferable neighbourhood - perhaps because of its specifics. Based on this opinion, Master's degree graduate in architecture at Vilnius Gediminas Technical University (VGTU), has created a project of a modern offshore prison. Her project is innovative not only in modern architecture, but also in harmonisation of processes of the convicts' isolation from the public and reduction of their social separation.

Bohumil Mazanek, the Ambassador of the Czech Republic to Lithuania visited VU on Tuesday. During the meeting with the VU Acting Rector professor Jūras Banys the initiative to commemorate the Czech President Václav Havel-the famous Czech essayist, philosopher, dissident, fighter for human rights and peace, has been launched. VU territory will be decorated by the installation "Democratic Bench".

QS World University Rankings has published a list of the best universities in the region of emerging Europe and central Asia.