Wed, 25 Jan 2012: Lithuanian leaders’ outlines for the economy in 2012…

“It will be a complicated year because of the coming parliamentary elections and because of the complicated economic situation beyond the Lithuanian borders,” Grybauskaite said. She ...

Wed, 9 Nov 2011: Greek debt thunder worries Lithuania…

While in the wake of the Greek debt crisis, many European financial institutions warn of a 2008-like economic contraction, or worse, the Lithuanian top echelon remains surprisingly calm, making ma...

Wed, 8 Jun 2011: Parex’ action OK’d…

“At the moment we stay as we are. We are working on solutions. The biggest challenges now are to make sure that we continue our work to ensure that we gain the best value for our assets.&rdq...

Wed, 24 Feb 2010: Parex requests new syndicated loans…

There is a lack of lending, a void in the banking business.” Waiting until after October’s parliamentary elections to sell Parex would be the “biggest mistake anyone could mak...

Wed, 24 Jan 2007: Pessimism takes over economic outlook…

On the flip side, however, inflation amounted to 6.8 percent. Average annual inflation, the measure used by the EU to gauge preparedness for adopting the euro, was 6.5 percent, far beyond the leve...

Wed, 30 Aug 2006: Oil terminal sale ready for approval …

The final sale price will be the highest by which all shares can be sold. All shares will be sold during one trading session on the Riga Stock Exchange. Martins Jaunarajs, head of Parex Bank's i...
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