Residential property prices in Lithuania climbed by 0.8% in the first quarter of 2016 from the previous quarter, data from Statistics Lithuania showed on June 20th.

The unlawful cigarette market in Lithuania is declining, however, still remains among the biggest in Europe, according to the latest study by the international audit, tax and consulting company KPMG. Lithuania remains 4th after Latvia, Norway and Greece.

Searches were conducted at the Lithuanian port of Klaipeda on June 16th evening in the framework of a corruption probe, a high-ranking employee of the port and a Latvian citizen were detained.

Yesterday about 300 people gathered in a protest action organized by Lithuanian trade unions against the new Labor Code, which critics say will narrow the social benefits for employees.

President Dalia Grybauskaitė met with European Commissioner for Internal Market Elżbieta Bieńkowska, who actively contributed to drafting a joint communication by the European Commission on countering hybrid threats. The communication also identifies nuclear safety violations in the EU neighborhood as a threat to European security.

SEB Bankas in the end of the first quarter of 2016 was the number-one bank in Lithuania by assets and loans and Swedbank led the market in terms of deposits, consolidated figures from the central Bank of Lithuania showed on June 14th.

Jamala of Ukraine, the winner of Eurovision 2016, arrived in Lithuania on Monday afternoon to perform in a concert for the Day of Mourning and Hope in Vilnius on June 14th.

If a liquefied natural gas (LNG) terminal is built in the Russian Kaliningrad region, Lithuania, which is currently the transit country for the Russian giant Gazprom's gas, would feel financial consequences in 10 years at the earliest, says Energy Minister Rokas Masiulis.

Housing affordability in the first quarter of the year 2016 in Riga has considerably improved and still was the highest one among Baltic capitals, according to the latest Swedbank Baltic Housing Affordability Index (HAI). In Tallinn and Vilnius HAI also increased.