THE VOICE OF INTERNATIONAL LITHUANIA
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Lithuanian President Dalia Grybauskaitė with the
Ambassador of Iceland, Elin Flygenring.
The Icelandic government failed to convince its own citizens in the elections this weekend, and the conservative opposition claimed poll win as voters returned parties that ruled over 2008 financial collapse back to power.
But the present Icelandic government has, nevertheless, something important to teach the eurozone, according to an Icelandic economics professor.
While droves of businesses have had to close its doors in Euro cities like Rome and Athens, the business community in Reykjavik avoided mass death. But it could have gone differently, says economics professor Thórólfur Matthíasson at the University of Iceland.
He has called the crisis that hit Iceland in 2008, the perfect storm. A financial sector ten times larger than Iceland's GDP collapsed. The Icelandic krona lost over half the value. Inflation rose far and fast.
Up to 90 percent of Icelandic companies were in danger of getting bankrupt, but many of them could point to future, long term opportunities. The solution Iceland chose, and Matthíasson participated in, was to facilitate the corporate debts.
Both government, banks and individuals went into talks about impairment. The result was win-win, says Matthíasson.
Banks got customers who could handle their debts. Businesses avoided extensive closures. Icelanders avoided unemployment and social deprivation.
- The banks could have pushed for bankruptcy in many companies, but have instead really done their very best to look for common sense in the matter, says the economics professor.
For the past five years, a fierce war of words and policies has been fought in America and other economically challenged countries around the world.
On one side were economists and politicians who wanted to increase government spending to offset weakness in the private sector. This "stimulus" spending, economists like Paul Krugman argued, would help reduce unemployment and prop up economic growth until the private sector healed itself and began to spend again.
On the other side were economists and politicians who wanted to cut spending to reduce deficits and "restore confidence."
Government stimulus, these folks argued, would only increase debt loads, which were already alarmingly high. If governments did not cut spending, countries would soon cross a deadly debt-to-GDP threshold, after which economic growth would be permanently impaired. The countries would also be beset by hyper-inflation, as bond investors suddenly freaked out and demanded higher interest rates. Once government spending was cut, this theory went, deficits would shrink and "confidence" would return.
This debate has not just been academic.
Those in favor of economic stimulus won a brief victory in the depths of the financial crisis, with countries like the U.S. implementing stimulus packages. But the so-called "Austerians" fought back. And in the past several years, government policies in Europe and the U.S. have been shaped by the belief that governments had to cut spending or risk collapsing under the weight of staggering debts.
Over the course of this debate, evidence has gradually piled up that, however well-intentioned they might be, the "Austerians" were wrong. Japan, for example, has continued to increase its debt-to-GDP ratio well beyond the supposed collapse threshold, and its interest rates have remained stubbornly low. More notably, in Europe, countries that embraced (or were forced to adopt) austerity, like the U.K. and Greece, have endured multiple recessions (and, in the case of Greece, a depression). Moreover, because smaller economies produced less tax revenue, the countries' deficits also remained strikingly high.
So the empirical evidence increasingly favored the Nobel-prize winning Paul Krugman and the other economists and politicians arguing that governments could continue to spend aggressively until economic health was restored.
SMALL IS THIS LAND,
But great is its truths. To be. To survive. To testify by itself to the abundance and variety of the world’s nations, to the value of man’s life in freedom in his homeland.
PAINFUL IS THIS LAND,
Each blade of grass here sprouts from a drop of blood or a tear.
TOILFUL IS THIS LAND,
In the sandy soil of a hillock it grows both grain and graves marked with crosses.
BRAVE IS THIS LAND,
It went from uprising to uprising, from exile to exile, from deportation to deportation. A great number of its people were laid to rest in the permafrost of Siberia, some of their bones were flown back to their native soil, the survivors lost their health in slave labour, but returned home.
BEAUTIFUL IS THIS LAND,
Over each hillock, over each forest and over each lake it looks the same and different. It is just like our folk song: Though over the Nemunas river it seems to be sung in a different manner, it is nevertheless filled with the same longing and poignant emotion.
Justinas Marcinkevičius
Justin Marcinkevičius Važatkiemio in his native village in 1986.
Photo: Romuald Rakausko.
Marcinkevičius was born in 1930 in Važatkiemis, Prienai district. In 1954 he graduated from Vilnius University History and Philology faculty with a degree in Lithuanian language and Literature. He joined the Communist party in 1957. He worked for a number of years as vice-chairman of the board of the official Union of Lithuanian Writers. He died in Vilnius on the 16th of February 2011.
Having grown up during the post-war period, Marcinkevičius evokes in his poetry a romanticized version of childhood spent in the Lithuanian countryside, of first love, of man's relationship with nature. In his poetry specific and solid peasant thinking is combined with a mind seeking to draw broad general conclusions, and the tradition of Lithuanian poetry singing the Earth's praises with contemporary modes of poetic thought. As a poet, he has sought to grasp the essence of national experience and give it fresh artistic expression. In his lyrical verse Marcinkevičius strives to comprehend the real meaning of what is going on inside man and society and moves the reader with his ardent lyrical confessions.
For most his life Justinas Marcinkevičius lived and wrote during the complex times of Soviet totalitarianism. He defended the cultural self-awareness of his nation. The poet brought back humanistic idea in describing a man, continued on the romantic and lyric poetry tradition, valued the aesthetic side of literature, as opposed to the heroic and propagandistic style of socialist realism. Marcinkevičius wrote poems in a romantic and modern style. Justinas Marcinkevičius is regarded as one of the most prominent members of Sąjūdis.
Until recently, Vilnius was often called Europe's best kept secret. Very few knew that here lies one of the world's best-preserved cultural treasures, namely Eastern Europe’s largest and most attractive old town. Few knew that Vilnius is considered the world's most Italian city outside Italy and the world’ most Baroque city north of the Alps. This is now changing rapidly. The world population has become aware of both the city and the country and the number of travelers here is the sharp increase.
Vilnius is the city Lonely Planet colourfully calls "eccentric and soulful," and one that offers the best overall hotel prices in all of Europe. According to Hotels.com's Hotel Price Index, Vilnius in Lithuania has an average per-night hotel price of $80, putting accommodations costs within reach of budget travelers. Sweeten the pot with a favorable exchange rate, quirky attractions, and Eastern Europe's largest old town, and you've got an intriguing and affordable destination.
Here are some recent articles:
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Lithuania among “The World’s Ten Best Ethical Destinations – 2013” | |
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By JULIE TURKEWITZ, NEW YORK TIMES
Tanya Aldag slips into a closet-size room in her home in suburban Maryland. The door clicks shut. Here, surrounded by thousands of black and white prints, she goes tumbling back to Soviet-era Lithuania.
“It’s like you’re going deep into the water,” she said. “It can be hard to go there.”
Ms. Aldag, 64, is the widow of Vitas Luckus, once a prince — perhaps even a king — of the Soviet photography scene. From the 1960s to the mid-1980s, he traveled throughout the Soviet bloc, capturing peasants, performers, partiers and policemen, as well as a generation of grippingly attractive young artists. He scurried across sloping rooftops (Slide 15), camera swinging from his neck. He worked obsessively, with little care for what others thought. The secret police were a constant presence in his life, burgling his home and beating him in bathrooms and cafes.
The U.S. author of the book "We are here" (Mes esame čia), Ellen Cassedy (right), was in Lithuania last month. Here in eager discussion about Jewish life in Lithuania before the Holocaust and now today.
Ellen Cassedy in Vilnius last month, with her husband Jeff.
Read her own report from the visit HERE
The Green Bridge sculpture "Industry and Construction (Pramonė ir statyba)" by Bronius Vyšniauskas and Napoleonas Petrulis.
Photos: Aage Myhre.
The Green Bridge (Lithuanian: Žaliasis tiltas) is a bridge over the Neris River in Vilnius, Lithuania. It is the oldest bridge in the city and connects city centre with the so-called right river bank and the Kalvariju g that leads to several of the city’s Soviet suburbs north of the city centre.
The first bridge is known from 1536. It stood closer to the present-day Mindaugas Bridge. It was a wooden covered bridge with brick and stone piers. It had a second floor with apartments for toll collectors. Because its builder Ulryk Hozjusz wanted to recoup the cost by collecting tolls, Grand Duke Sigismund I granted him a privilege prohibiting others to build any other bridges between Kernavė and Bistrica or to offer other crossing services between Verkiai and Paneriai. The bridge was burned by retreating Lithuanian Army after the Battle of Vilnius (1655).
“Let's do it” by Cole Porter
From the Show: Paris 1928
Birds do it, bees do it
Even educated fleas do it
Let's do it, let's fall in love
In Spain, the best upper sets do it
Lithuanians and Letts do it
Let's do it, let's fall in love
By Vin Karnila, Associate Editor
Thinking about Lithuanian Easter traditions transforms me back in time to when I was a young boy growing up in the Boston area of Massachusetts, USA. Being the son of a Scottish mother and Lithuanian father I had the great fortune of experiencing the wonderful traditions of not only the Lithuanian people but that of the Highland Scott‘s as well.
While along with the Lithuanian Christmas traditions we practiced many of the Scottish customs for Christmas and New Year as well but Easter is seemed was a time for the traditions of our Lithuanian ancestors. These were the traditions the Karnila family took with them from our ancestral home in Lithuania, the village of Guronys.
The word for Easter, Velykos, has been borrowed from Byelorussian and means "important day." The word is very accurate because Easter is the year's most solemn feast in Lithuania. Easter is not only the feast of Christ's Resurrection, but also nature's awakening from the winter's sleep.
The early Eastern morn, just before dawn, abounds with magical power. Much of this magic is concentrated in flowing water. Bathing in such water before sunrise prevents all boils, sores, rashes and other skin ailments. If it rains on Easter morning, it is necessary to stand bareheaded in the rain to ensure good growth. Small children who want to grow quickly are reminded of this.
As the sun rises on Easter morning, it "dances" swaying from side to side and changing colour: from green to blue, to red and then golden yellow. This phenomenon can be seen by rising before dawn and watching for the sun's first appearance on the horizon.
Easter is approaching and we would like to publish your very special stories from this important Lithuanian celebration, dear readers. We know many have their own, Lithuanian-related stories from childhood to tell. Send to editor@VilNews.com
The true story of Daiva Venckus, a young American’s journey to her ancestral homeland during the collapse of the Soviet Empire.
By Dr. Stasys Bačkaitis, P.E, CPSM
Board Member of the Central and Eastern European Coalition
Washington Representative of the Lithuanian American Council
Political and social stability of the Central and Eastern European (CEE) region is being slowly eroded by dangerous undertows. They tend to undermine the confidence and trust of the people in their governments and in the European Union (EU). The undertows, originating mostly in Russia, are sowing seeds of political, economic, energy and ethnic discontent as a way of gaining influence in and dominance over the countries that were once controlled by the USSR.
But history doesn’t have to repeat itself, say scholars, government officials, and foreign affairs analysts from a whole host of European and NATO countries.
Photos: Aage Myhre, March 2013
Gediminas' Tower (Lithuanian: Gedimino pilies bokštas) is the only remaining part of the Upper Castle in Vilnius, Lithuania.
The first fortifications were built of wood by Duke of the Grand Duchy of Lithuania, Gediminas. Later the first brick castle was completed in 1409 by Grand Duke Vytautas. Some remnants of the old castle have been restored, guided by archeological research.
It is possible to climb to the top of the hill on foot or by taking a funicular. The tower houses an exposition of archeological findings from the hill and the surrounding areas. It is also an excellent vantage point, from where the panorama of Vilnius' Old Town can be admired.
Gediminas' Tower is an important state and historic symbol of the city of Vilnius and of Lithuania itself. It is depicted on the national currency, the litas, and is mentioned in numerous Lithuanian patriotic poems and folk songs. The Flag of Lithuania was re-hoisted atop the tower on October 7, 1988, during the independence movement that was finalized by the Act of the Re-Establishment of the State of Lithuania on March 11, 1990.
Madhurkankana Roy about her meeting
with Dalai Lama in Delhi last Sunday:
There was immense positivity felt in the room. His graceful presence ushered in happiness, a smile on everyone’s face. Awestruck by his presence, the energy generated was beyond comprehension.
My good friend in New Delhi, India, Madhurkankana Roy, told me with excitement last Sunday that she had met the Dalai Lama that same day and had been holding his hands not once but twice. His Holiness had come to India to participate in the celebration of Swami Vivekananda*, the Indian Hindu monk who was the key figure in the introduction of Indian philosophies of Vedanta and Yoga to the western world more than 100 years ago. I asked her to write down her thoughts and feelings after the meeting, so here they are, her warm and sensitive considerations after her encounter with the world’s spiritual leader ... Read more about Swami Vivekananda at http://en.wikipedia.org/wiki/Swami_Vivekananda |
“Smile Legacy”
By Madhurkankana Roy. New Delhi, India
The legacy of Swami Vivekananda is relevant to India at a time when the Indian society in particular and world at large is redefining itself to changing times and becoming more just and equitable.
Commemorating 150th birth anniversary celebrations of Swami Vivekananda, the Indian Council for Cultural Relations had organised for an interfaith conference titled 'One World Religions: Diversity, Not Dissension’ to understand the essence of religious faiths and how ‘Religion should be a weapon for self-transformation as well as transformation of the society’ in this age of religious animosities.
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