Wed, 24 Apr 2013: TransRussia attracts Estonian exhibitors…

The current economic and political situation makes a good base for Estonian entrepreneurs to cooperate more with Russia’s partners, the companies have more chances for attracting flows of tr...

Wed, 5 Oct 2011: Latvians urged to go back to farming…

“During good times, people move from rural areas to cities; during bad times it is the other way around.” Reinert criticizes banks, which previously served as a bridge between busines...

Wed, 14 Oct 2009: Proposal would trigger foreign banks to retreat from Latvia…

Dombrovskis says "the [current] situation in the financial markets and the increasing problems with the borrowers" is driving the proposal. Sweden has already led criticism of its cross-sea neig...

Thu, 23 Jul 2009: Russian funds go offshore…

If there is a bank to blame for the Russian capital moving offshore, then it is Russian banks," stressed the president of the Association of Latvian Commercial Banks Teodors Tverijons, speaking wi...

Thu, 2 Apr 2009: Government unsure about IMF…

Mykolas Majauskas, Kubilius' financial advisor, told The Baltic Times that nothing could be ruled out in the current situation, but that the government is doing everything by the book. "It's har...

Wed, 11 Mar 2009: Energy Ministry to take control of LEO LT…

The law, the management shall be modified, we have to ensure that the structure, if we are to establish it, serves its purpose," she said. The government should eliminate the shortcomings identif...

Wed, 28 Jan 2009: Taking Counsel: Lithuania’s reaction to the judgement in the case of L v…

The ECHR obligated Lithuania to pass the required gender-reassignment legislation within three months of the present judgment becoming final (i.e. until March 31, 2008) or alternatively, to pay th...

Wed, 28 Nov 2007: Gas prices likely to soar in 2008…

"Given the current situation, gas procurement price could grow by 40 - 50 percent. But I can say that this will probably be the last big price hike 's it has to be survived, and the rest will de...

Wed, 17 Oct 2007: Nuclear project squeezed by Poland’s energy demands…

Those remarks prevented the two countries from signing the agreements on construction of the new nuclear power plant and on the setting up of a company for construction of the connection between t...

Wed, 25 Jul 2007: PKN Orlen plans modernization…

"I hope that we will manage to reach agreement with all interested parties and will obtain all required approvals and permits, and will be able to start construction. The construction would take...

Wed, 15 Nov 2006: Euro accession drifts further away …

The Commission predicted that in 2007, euro-area consumer price growth would decline as a result of rising interest rates. Earlier planned hikes were held back due to relatively weak economic ac...

Wed, 2 Aug 2006: Drought damages farmers…

"Upon assessing the current situation and data presented by the hydro-meteorological service, our task is to formulate a request to the government's commission on emergency situations to propose t...

Wed, 10 Aug 2005: Brazauskas: RST sell-off put on hold…

The current situation, with half of the country's power distribution in private hands and the other controlled by the state, was appropriate, the prime minister noted. He added that there were no ...

Thu, 29 Jul 1999: Depositors to decide Komercbanka’s fate…

"If we don't get those 6.3 million lats, and there is no result after this meeting, I will have nothing else to do but start liquidation. I can't allow the current situation to go on indefinitely ...

Thu, 30 Jul 1998: Farmers threaten nation-wide protests …

"Now, farmers can be satisfied only with an urgent and concrete solution to the situation," Social Democratic MP Juozas Olekas told reporters last week.The farmers demand that the government prot...

Thu, 30 Jul 1998: Non-profit financial institute becoming essential part of Lithuanian dev…

First known in 1994 as the Training Center of the Lithuanian Commercial Banks' Association, the LBIFI established itself in December 1996. LBIFI's director, Eugenija Martinaityte, basically descri...
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