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Prime Minister Continues Hunt for Investments
2010/06/04
The Prime Minister of Lithuania Mr Andrius Kubilius is paying his working visit to Stockholm on the 9th June, 2010. The purpose of this visit is to follow up (overlook) dynamic and intensive bilateral economic relations between both countries and to spread out the message to Swedish business community on Lithuania’s economic outlook and Government’s policy priorities. Mr. Andrius Kubilius will meet the Prime Minister of Sweden Mr Fredrik Reinfeldt. The Prime Minister’s delegation also involves the Lithuanian Minister of Economy Mr Dainius Kreivys.
Heads of Government of the Baltic Sea States Adopted Vilnius Declaration
2010/06/02
On 2 June in Vilnius, Heads of Government of the Baltic Sea States, adopted the key document of the 8th Baltic Sea States Summit – the Vilnius Declaration “A Vision for the Baltic Sea Region by 2020”.
The document states the conviction that using the strengths of the existing cooperation frameworks and the accumulated experience, the Baltic Sea Region has the potential to become one of the most prosperous, innovative and competitive regions in the world.
Steve Forbes: Europe`s Unsung Heroes
2010/05/26
The publication in www.forbes.com and Forbes Magazine from the interview with the Prime Minister Andrius Kubilius during his visit in USA:
Not every recession-hit country in Europe is like wayward Greece, Portugal and Spain.
Recently Prime Minister Andrius Kubilius of Lithuania dropped by our offices to discuss his small country`s economic prospects. Unlike Greece, which has garnered headlines for its economic woes, Lithuania more than a year ago firmly faced up to the economic crisis and took stern measures. Government spending was slashed by 30%. Public-sector salaries were cut 20% to 30%. And pensions were knocked down an average of 5%. The prime minister himself took a pay cut of 45%. Yes, some taxes were raised, and the corporate rate was hiked from 15% to 20%. But then it was knocked back to 15% in January. And Lithuania`s flat tax--also 15%--was left alone. Amazingly, Lithuanian unions went along with the government`s policies. There were no street riots à la Greece.
IBM and Lithuanian Government sign Protocol of Intent
to set up a large research centre in Lithuania
2010/05/08
The Lithuanian Government and the multinational computer, IT and technology corporation IBM have signed a letter of intent setting up a joint research centre in Lithuania earlier today at the headquarters of the IBM in New York. The document has been signed by Prime Minister Andrius Kubilius, and Reeves Thomas, IBM\`s global vice president for research and intellectual property licensing. The agreement regarding the largest (as it is hoped) IT project in the history of Lithuania is expected to be signed within the current half year.
Meeting between A. Kubilius and H. Clinton Touched Upon Security Issues
2010/05/07
Among other meetings with top officials of business, research, IT and finance companies, Lithuanian Prime Minister Andrius Kubilius, who is on an official working visit to the United States, is also meeting senior US politicians and state officials. On Thursday the Prime Minister was received by US Secretary of State Hillary Clinton at her office.
During the meeting both interlocutors exchanged views on the present US “reset” policy toward Russia by underlining that qualitatively new steps for bilateral cooperation between both countries were being taken. All security matters relevant to Europe were discussed, such as nuclear disarmament and conventional arms treaties.