Although the use of cash is declining, it remains the most popular means of payment at points of sale (POS) and in person to person (P2P) payments not only in Lithuania but throughout the entire euro area as well. Payment cards are the second most popular payment instrument in both Lithuania and the euro area as a whole. Over one in two card payments in Lithuania are made using contactless technology (in the euro area – more than one third of all payments), informed Bank of Lithuania.

As of this Saturday, December 5, self-isolation will be mandatory for all travelers arriving in Latvia from all European countries included in the list compiled by the Center for Disease Prevention and Control (CDC), except for the Vatican, and passenger traffic will be banned also with Lithuania.

The adverse epidemic coronavirus (COVID-19) situation in Lithuania has necessitated further tightening of the lockdown rules by restricting the size of gatherings, banning the operation of temporary vendors in malls and supermarkets. It has also been recommended to discontinue short-term sales promotion measures to bring down visitor flows.

Novaturas, one of the biggest tour operators in Lithuania, cannot temporarily be exempted from the payment of penalties to Estonian chartered airline GetJet for non-performed flights, a court has ruled in Lithuania.

Lithuania reported on Friday 2,514 new coronavirus infections – a record high for a second straight day – and another 26 deaths from COVID-19.

The NordBalt power interconnection between Lithuania and Sweden went offline in the early hours of Wednesday due to a failure on the Swedish side.

Huawei said on Monday it regrets that decisions by Telia, which has announced that it will eliminate the Chinese technology giant from its 4G and 5G networks in Lithuania, are influenced by geopolitics.

Crius LT, a Slovak-owned Lithuanian company, is planning to offer financial services to business customers after obtaining a specialized bank license, the Lithuanian central bank said on Monday.

As the most awaited holidays draw nearer, the official opening of the season of celebrations is usually marked by lighting public Christmas trees. In 2019 Vilnius Christmas tree was awarded the title of the Most Beautiful Christmas Tree in Europe. And this time around the Christmas tree is bound to be a reflection of the exceptional year.

A new LNG shipment is scheduled to be delivered from the United States the Klaipeda-based LNG terminal in Lithuania, marking a fourth such delivery in the new gas year that started in October.