"He is no longer with us. Today, we bid farewell not only to Him. We bid farewell to the first decades of the Independence, when enormous transformations were happening and great things were in store. And the credit for all this goes to our great Lithuanian leaders,"- pointed out Prime Minister Andrius Kubilius as he addressed the Seimas’s mourning session paying tribute to the President and Prime Minister Algirdas Mykolas Brazauskas.

Earlier today, the extraordinary meeting of the Government has announced a three-day official mourning period for the former President of Lithuania, signatory of the Act of March 11 and the former Prime Minister Algirdas Mykolas Brazauskas. The Government has decided that Lithuania would begin the mourning at 7 a.m. on Tuesday, June 29, and will end it at 10 p.m. on Thursday, July 1. Following the announcement of the mourning, the national flags, flown at half-mast, shall be pinned with black ribbons. Observance of tranquillity is requested.

In his letter to Lithuanian Prime Minister Andrius Kubilius, David Cameron, UK Prime Minister, expressed his congratulations regarding the World Lithuanian Economic Forum: „I am pleased to hear that the Lithuanian World Economic Forum is taking place in London. I would like to take this opportunity to congratulate you on the ambitious economic reform and recovery program that your Government is following, and to express the hope that our two countries will continue to work successfully together, including in the EU, on the economic challenges we face and across the range of our shared interests. I am encouraged by your Government's interest in UK experience on deregulation, private sector finance of public projects, civil service reform and in other areas. I hope we can ...

Continuing his visit in pursuit for economic diplomacy and investment, Prime Minister Andrius Kubilius, has had a meeting with Swedish Prime Minister Fredrik Reinfeldt in Stockholm. The counterparts have exchanged views about the developments in the euro zone, particularly in the Southern states of the EU.

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.

Lithuania does not face the immediate prospect of a Greek debt and deficit crisis, but would do in a couple of years if it does not take fiscal consolidation measures now, Prime Minister Andrius Kubilius said on Tuesday. Last week Kubilius told parliament that his country, which has slashed spending and raised taxes amid a deep recession, must steel itself for more austerity if it wants to avoid a Greek-style debt crisis.

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.

Prime Minister Andrius Kubilius welcomed the choice of Western Union, the international financial services company and leader of innovations, to invest in Lithuania and stressed that this move was yet another proof that consistent efforts by the Government to attract global high-tech leaders to Lithuania yield excellent results.

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 ...

Lithuanian Prime Minister Andrius Kubilius and Latvian Prime Minister Valdis Dombrovskis met at a working lunch to discuss bilateral relations, ongoing and planned energy projects as well as to share the latest information on preparations for the Baltic Sea States Summit to be held on June 1-2 in Vilnius. The counterparts have also exchanged the latest information about the Baltic energy market interconnection plan (BEMIP), a meeting of the Baltic Council of Ministers to be held in Riga in September, as well as other issues of mutual relevance.