January Events (Lithuania) January Events (Lithuania) The January Events () took place in Lithuania between 11 and 13 January 1991 in the aftermath of the Act of the Re-Establishment of the State of Lithuania. As a result of Soviet military actions, 14 civilians were killed and 702 were injured. The events were centered in its capital, Vilnius, along with related actions in its suburbs and in the cities of Alytus, Šiauliai, Varėna, and Kaunas. The Baltic states, including Lithuania, were forcibly annexed by the Soviet Union in 1940. This move was never recognized by Western powers. See Occupation of the Baltic states. The
Economy of Lithuania degrees of business, fiscal, and financial freedom. Lithuania is a member of the EU and the WTO, so regulation is relatively transparent and efficient, with foreign and domestic capital subject to the same rules. The financial sector is advanced, regionally integrated, and subject to few intrusive regulations. One of Lithuania's most important reforms was the privatization of state-owned assets. The first stage of privatization was being implemented between 1991 and 1995. Citizens were given investment vouchers worth €3.1 billion in nominal value, which let them participate in assets selling. By October 1995, they were used as follows: 65% for acquisition