Thu, 2 Apr 2009: Brussels-Vilnius flights begin…

Ugne Adomaviciute, spokesperson for the minister of transport, told TBT that the flights have already begun with the first flight close to fully booked. "It's very important to be connected wit...

Wed, 7 Jun 2006: EU consultant: kroon to be devalued…

Passila claimed the government was hiding the actual mechanism behind the switch to the euro to prevent panic. Commission spokespeople were quick to deny that Esko Passila's opinion reflected tha...

Wed, 4 Jan 2006: EU ‘definition’ of vodka angers local producers…

It's also about preserving the reputation and honor of our vodka," said Liviko Janek Kalvi, vice chairman of the association, said. The Agriculture Ministry said in its response that it supports t...

Wed, 16 Nov 2005: German-Norwegian joint venture to solidify Baltic bank subsidiaries…

The agreement on establishing DnB Nord was signed in June this year. It is the first joint project between a state-owned German bank, Nord/LB, and an international private bank, DnB NOR. DnB NOR i...

Wed, 24 Aug 2005: Companies sluggish in removing excess sugar…

But companies said they have contested the ministry's decision on excessive stocks and won't take any action until a final court ruling has been issued."As far as we know, no company has started t...

Thu, 27 Nov 2003: EU to hit U.S.A. with sanctions if WTO ignored…

6, five days after the WTO officially adopts a ruling against U.S. steel tariffs, unless Washington complies with the decision."We will take action five days after the adoption of the ruling on De...

Thu, 28 Oct 1999: Lietuvos Kuras to be privatized for a song…

Lietuvos Kuras, which has over 120 filling stations in Lithuania, has been swimming in debt. A spokesperson at the country's State Property Fund confirmed that Lietuvos Kuras' liabilities came to ...

Thu, 28 Oct 1999: EARNINGS OF THE LISTED AND TO-BE-LISTED COMPANIES…

The group's total assets grew by 12.1 percent during the period to 31.05 billion kroons. Growth in the volume of consolidated assets was due to an increase in clients' deposits and loans from othe...

Thu, 20 May 1999: Summed up…

Reinoldijus Sarkinas, board chairman of the Bank of Lithuania, said he had seen no obstacles to issuing the banking license to Hansapank, noting that all required documents had been submitted. Ari...

Thu, 25 Mar 1999: Vilniaus Bankas calls off marriage to Hermis …

Trading on the Lithuanian bourse slowed as the country's financial entities held their breath. Then, a surprising development happened: Vilniaus Bankas withdrew its application. It's explanation: ...

Thu, 25 Mar 1999: Summed up…

Tokyo was named the most expensive city of the world. Moscow, which is eighth on the list, is the most expensive city in Europe and the former Soviet block. It outstrips places of notoriously expe...

Thu, 11 Mar 1999: Vilnius remains rigid on customs…

Meanwhile, the Latvian government will decide whether to take any counter measures.Lithuania is reluctant to make any changes in its customs procedure, saying that it does not have to meet any WTO...

Thu, 25 Feb 1999: Eesti Telefon to cut international tariffs…

The tariff of each service should correspond to its actual price," said Enno Kiviloo, spokesperson at Eesti Telefon.Eesti Telefon might cut its tariffs by three times. He also said that monthly su...

Thu, 4 Feb 1999: Lithuania in the Baltic doghouse over free trade…

But in the meantime, Lithuanian officials are reacting by shrugging their shoulders with bewilderment, unsure of what their neighbors are suddenly complaining about.Toms Baumanis, a spokesman for ...

Thu, 10 Sep 1998: Dollar-buying frenzy calms in Lithuania…

But the rush had practically dissolved by the end of September's first working week.Many Lithuanian bankers attributed the sudden panic reaction of currency exchanges to the current economic crisi...
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