Wed, 15 Jun 2011: Race for euro adoption slows…
Jun 15, 2011 Baltics
“We hope that these changes won’t have an impact on budget planning. When the euro isn’t an immediate target, there’s less incentive to cut the deficit.” Lithuania&...Tags: Adoption, Baltic Region, Budget, Currency Union, Euro, Eurozone, Finance Minister, Lithuania, Necessary Criteria, Poland, Radijas, Rsquo, Target
Thu, 20 May 2010: Greek crisis threatens export recovery…
May 20, 2010 Baltics
The fiscal crisis in the euro region, the destination for 65 percent of Lithuanian exports, is raising concern about European growth prospects and threatens to hurt Baltic exports. Projected budge...Tags: Budget Cuts, Economic Growth, Euro, Export Recovery, Finance Minister, Finance Ministry, Financial Markets, Fiscal Crisis, Growth Outlook, Growth Prospects, Interest Rates, Negative Perception, Radijas, Radio Interview, Turbulence, Uncertainty
Wed, 24 May 2006: Lithuania suffers ‘Russian energy bug’…
May 24, 2006 Lithuania
If the gas prices as set out in the draft are eventually approved, this may boost our inflation index by approximately 0.8 percentage points, which could be one of the key reasons for the European...Tags: Criterion, Energy Dependence, Energy System, European Commission, European Union, European Union Members, Finance Minister, Gas Prices, Inflation Index, Key Reasons, Lithuania, National Energy, News Radio, Percentage Points, Radijas, Radio Station, Russian Energy, Sole Source, Source Of Energy, Sustainability
Wed, 15 Mar 2006: KazMunayGaz winning hearts, minds…
Mar 15, 2006 Baltics
I cannot say whether these agreements are final," he told Ziniu Radijas on March 9. "However, we have one absolutely certain buyer, which we have already launched talks with," Brazauskas added. ...Tags: Authorities, Economic Adviser, Hearts Minds, Investor, Joint Venture Project, Kazmunaygaz, Nod, Oil Company, Percent Stake, Radijas, Refinery, Russia, Speculation
Wed, 20 Jul 2005: Mazeikiu oil refiner slammed by anti-monopoly authorities, faces huge fi…
Jul 20, 2005 Baltics
Mazeikiu Nafta, an oil refinery and export terminal complex, posted sales of 7.66 billion litas (2.2 billion euros) for 2004, which would put the maximum penalty at 776 million litas. The Competit...Tags: Algirdas Brazauskas, Allegations, Authorities, Competition Council, Export Terminal, Face, Faces, Fi, Final Decision, Maximum Penalty, Mazeikiu Nafta, Monopoly, News Radio, Oil Refiner, Oil Refinery, Price Gouging, Prime Minister, Radijas, Radio Station