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Dainius Kreivys
Dainius Kreivys (born 8 April 1970 in Jonava) is a Lithuanian businessman and politician who served as the Minister of Economy of Lithuania from 2008 to 2011 and is a member of Seimas since 2012. He is a member of the conservative political party Homeland Union – Lithuanian Christian Democrats. On 7 December 2020, he was approved to be the Minister of Energy in the Šimonytė Cabinet. Minister of Economy (2009-2011) D. Kreivys took the position as minister of economy in December 2008 and mostly focused business support measures during economic crisis, simplification of business regulation and improvement of investment environment.   The Ministry of Economy of the Republic of Lithuania supervised the implementation of business support plan, introduced in 2009 to help businesses survive the impact of economic crisis. D. Kreivys was the initiator of the public procurement reform and supervised its implementation. The reform aimed to increase procurement efficiency, trans ...
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Ministry Of Energy (Lithuania)
The Ministry of Energy of the Republic of Lithuania ( lt, Lietuvos Respublikos energetikos ministerija) is a government department of the Republic of Lithuania. Its operations are authorized by the Constitution of the Republic of Lithuania, decrees issued by the President and Prime Minister, and laws passed by the Seimas (Parliament). Its mission is to prosecute Lithuanian government policy in fuel, electricity, thermo-energy production and supply for Lithuania's economy. The current head of the Ministry is Dainius Kreivys. Ministers References Energy Lithuania Lithuania (; lt, Lietuva ), officially the Republic of Lithuania ( lt, Lietuvos Respublika, links=no ), is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea. Lithuania ...
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Homeland Union
The Homeland Union – Lithuanian Christian Democrats ( lt, Tėvynės sąjunga Lietuvos krikščionys demokratai, TS–LKD), also known colloquially simply as the Conservatives, is a centre-right political party in Lithuania. It has 18,000 members and 49 of 141 seats in the Seimas. It is the main centre-right party, with an ideology influenced by liberal conservatism, Christian democracy, nationalism and economic liberalism. Its current leader is Gabrielius Landsbergis, who replaced Andrius Kubilius in 2015. It is a member of the European People's Party (EPP) and the International Democrat Union (IDU). The party symbol since 1996 is the common house martin. Platform The Homeland Union is conservative. For most of its existence, it has explicitly defined itself as anti-communist (mainly because the main opposition party to the Homeland Union was the Democratic Labour Party of Lithuania (which was created on a basis of the Communist Party of Lithuania in 1990). After the el ...
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Gitanas Nausėda
Gitanas Nausėda (born 19 May 1964) is a Lithuanian economist, politician and banker who is serving as the ninth and incumbent President of Lithuania since 2019. He was previously director of monetary policy at the Bank of Lithuania from 1996 until 2000 and chief economist to the chairman of SEB bankas from 2008 until 2018. Nausėda ran as an independent in the 2019 presidential election, which he won with over 66% of the vote in the runoff. Early life and education From 1982 to 1987 he studied in Vilnius University, Faculty of Industrial Economics and from 1987 to 1989 in the Faculty of Economics. From 1990 to 1992 he did a practice at the University of Mannheim in Germany under the DAAD scholarship. He defended his PhD thesis "Income Policy Under Inflation and Stagflation" in 1993. Since 2009 he is an associate professor at Vilnius University Business School. Professional and political career Having completed his studies, from 1992 to 1993 he worked for the Research Institut ...
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Creative Accounting
Creative accounting is a euphemism referring to accounting practices that may follow the letter of the rules of standard accounting practices, but deviate from the spirit of those rules with questionable accounting ethics—specifically distorting results in favor of the "preparers", or the firm that hired the accountant. They are characterized by excessive complication and the use of novel ways of characterizing income, assets, or liabilities, and the intent to influence readers towards the interpretations desired by the authors. The terms "innovative" or "aggressive" are also sometimes used. Another common synonym is "cooking the books". Creative accounting is oftentimes used in tandem with outright financial fraud (including securities fraud), and lines between the two are blurred. Creative accounting practices are known since ancient times and appear world-wide in various forms. The term as generally understood refers to systematic misrepresentation of the true income and asse ...
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Influence Peddling
Influence peddling is the practice of using one's influence in government or connections with authorities to obtain favours or preferential treatment for another, usually in return for payment. It is also called traffic of influence or trading in influence. Influence peddling ''per se'' is not necessarily illegal, as the Organisation for Economic Co-operation and Development (OECD) has often used the modified term "undue influence peddling" to refer to illegal acts of lobbying. However, influence peddling is typically associated with corruption and may therefore delegitimise democratic politics with the general public. It is punishable as a crime in Argentina, Belgium, Brazil, France, Hungary, Italy, Portugal, Romania, Spain, and the United Kingdom. :no:påvirkingshandel Known cases *In 2012 the vice president of Argentina Amado Boudou was accused of being a mere straw owner of the printing house Ciccone Calcográfica, a private company that has contracts to print over 120 m ...
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Vilnius
Vilnius ( , ; see also other names) is the capital and largest city of Lithuania, with a population of 592,389 (according to the state register) or 625,107 (according to the municipality of Vilnius). The population of Vilnius's functional urban area, which stretches beyond the city limits, is estimated at 718,507 (as of 2020), while according to the Vilnius territorial health insurance fund, there were 753,875 permanent inhabitants as of November 2022 in Vilnius city and Vilnius district municipalities combined. Vilnius is situated in southeastern Lithuania and is the second-largest city in the Baltic states, but according to the Bank of Latvia is expected to become the largest before 2025. It is the seat of Lithuania's national government and the Vilnius District Municipality. Vilnius is known for the architecture in its Old Town, declared a UNESCO World Heritage Site in 1994. The city was noted for its multicultural population already in the time of the Polish–Lithuanian ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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European Anti-Fraud Office
The European Anti-Fraud Office (commonly known as OLAF, from the french: Office européen de lutte antifraude) is a body mandated by the European Union (EU) with protecting the Union's financial interests. It was founded on 28 April 1999, under the European Commission Decision 1999/352. Its tasks are threefold: * to fight fraud affecting the EU budget; * investigate corruption by staff of EU institutions; and * develop anti-fraud legislation and policies. OLAF achieves its mission by conducting, in full independence, internal and external investigations. It coordinates the activities of its anti-fraud partners in the Member States in the fight against fraud. OLAF supplies EU member states with the necessary support and technical know-how to help them in their anti-fraud activities. It contributes to the design of the anti-fraud strategy of the European Union, and takes the necessary initiatives to strengthen the relevant legislation. OLAF conducts administrative investiga ...
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Conflict Of Interest
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to make decisions for the benefit of a third party. An "interest" is a commitment, obligation, duty or goal associated with a particular social role or practice. By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other. Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised in a manner that affects the integrity or the reliability of the outcomes. Typically, a conflict of interest arises when an individual finds themselves occupying two soc ...
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Šimonytė Cabinet
Šimonytė Cabinet is the 18th cabinet of Lithuania since 1990. It consists of the current Prime Minister Ingrida Šimonytė who is the Head of Government, and 14 government ministers from the Homeland Union – Lithuanian Christian Democrats, Liberal Movement of the Republic of Lithuania, Freedom Party. History During the night of the second round of the 2020 Lithuanian parliamentary election, once most of the results were counted, it was announced about the probable formation of the center-right coalition between Homeland Union, Liberal Movement and the Freedom Party. It was announced on November 9 that the center-right parties successfully signed a coalition agreement and the 18th cabinet of Lithuania will be led by Homeland Union nominee-Independent candidate Šimonytė. On 24 November, Šimonytė was nominated as the Prime Minister by the Seimas and her cabinet was appointed by the president on 7 December. On 11 December, the Government program was approved, thus, the c ...
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Homeland Union – Lithuanian Christian Democrats
The Homeland Union – Lithuanian Christian Democrats ( lt, Tėvynės sąjunga Lietuvos krikščionys demokratai, TS–LKD), also known colloquially simply as the Conservatives, is a centre-right political party in Lithuania. It has 18,000 members and 49 of 141 seats in the Seimas. It is the main centre-right party, with an ideology influenced by liberal conservatism, Christian democracy, nationalism and economic liberalism. Its current leader is Gabrielius Landsbergis, who replaced Andrius Kubilius in 2015. It is a member of the European People's Party (EPP) and the International Democrat Union (IDU). The party symbol since 1996 is the common house martin. Platform The Homeland Union is conservative. For most of its existence, it has explicitly defined itself as anti-communist (mainly because the main opposition party to the Homeland Union was the Democratic Labour Party of Lithuania (which was created on a basis of the Communist Party of Lithuania in 1990). After the ...
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Seimas
The Seimas of the Republic of Lithuania ( lt, Lietuvos Respublikos Seimas), or simply the Seimas (), is the unicameral parliament of Lithuania. The Seimas constitutes the legislative branch of government in Lithuania, enacting laws and amendments to the Constitution, passing the budget, confirming the Prime Minister and the Government and controlling their activities. Its 141 members are elected for a four-year term, with 71 elected in individual constituencies, and 70 elected in a nationwide vote based on open list proportional representation. A party must receive at least 5%, and a multi-party union at least 7%, of the national vote to qualify for the proportional representation seats. Following the elections in 2020, the Homeland Union – Lithuanian Christian Democrats is the largest party in the Seimas, forming a ruling coalition with the Liberal Movement and the Freedom Party. The Seimas traces its origins to the Seimas of the Grand Duchy of Lithuania and the Sejm of ...
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