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Lithuania

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  • The joint declaration, which is likely to antagonise Moscow, commits to the deal from Jan. 1, 2016, a date already a year later than planned as Russia seeks to oppose European efforts to integrate Ukraine and move it out of Moscow's sphere of orbit. But aside from the EU's show of support for Ukraine, the May 21-22 Eastern Partnership summit will offer little for...

  • *Gazprom calls charges "unfounded", seeks political agreement. BRUSSELS, April 22- The European Union launched a legal attack on Gazprom on Wednesday, stoking tension with Moscow as it accused the Russian gas giant of overcharging buyers in Eastern Europe and hindering competition. The EU's new antitrust chief, Margrethe Vestager, who a week ago announced a...

  • LONDON/ PARIS, Dec 22- Britain's Serious Fraud Office has charged a British subsidiary of French energy equipment firm Alstom with bribing officials to secure a power contract, making it the second Alstom unit to face UK charges this year. Monday's charges are the latest in a series of international bribery investigations into Alstom, which has suffered a drop...

  • Euro zone is not sick: Bank of Lithuania head Thursday, 7 Aug 2014 | 1:30 AM ET
    Euro zone is not sick: Bank of Lithuania head

    Vitas Vasiliauskas, governor of the Bank of Lithuania, says the euro zone is not sick but countries need to carry out structural reform to "survive".

  • Russia should be suspended from G8: Lithuania Thursday, 20 Mar 2014 | 12:40 PM ET
    Russia should be suspended from G8: Lithuania

    Political and diplomatic isolation will hurt Putin's pride says Lithuania president, Dalia Grybauskaité, adding that Russia should be suspended from the G8.

  • Banks cut 5,500 branches across Europe in 2012 Sunday, 11 Aug 2013 | 5:34 AM ET

    Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008.

  • Reuters World News Highlights at 1000 GMT, Oct 30 Tuesday, 30 Oct 2012 | 10:00 AM ET

    NEW YORK/ REHOBOTH BEACH- Sandy, one of the biggest storms to hit the United States, pounded the east coast on Tuesday, flooding large parts of New York City, bringing transport to a halt and interrupting the presidential campaign.

  • Reuters World News Highlights at 2200 GMT Oct 29 Monday, 29 Oct 2012 | 10:00 PM ET

    NEW YORK/ REHOBOTH BEACH- Hurricane Sandy, one of the biggest storms ever to hit the United States, battered the densely populated East Coast on Monday, shutting down transportation, forcing evacuations in flood-prone areas and interrupting the presidential election campaign.

  • Reuters World News Highlights 1800 GMT Oct 29 Monday, 29 Oct 2012 | 6:00 PM ET

    WASHINGTON- With one week left in the tight battle for the White House, it's all about the vital swing state of Ohio. MADRID/ ROME- Spanish Prime Minister Mariano Rajoy kept financial markets guessing on Monday over whether he will seek a credit line from the euro zone's rescue fund but said he would do so ``when I think it is in the interests of Spain''.

  • Lithuanians deal blow to austerity, nuclear plans Monday, 15 Oct 2012 | 11:50 AM ET

    "Promises that the new government will stop saving and start spending big-time are unrealistic," said Nerijus Maciulis, analyst at Swedbank. " Otherwise Lithuania will soon find itself in a situation similar to Greece. "

  • Germans face hefty bill to end nuclear power Monday, 15 Oct 2012 | 9:52 AM ET

    BERLIN-- There were cheers around Germany when Chancellor Angela Merkel announced last year, in the wake of the Fukushima disaster in Japan, a swift end to nuclear power in favor of renewable energy sources like wind and solar.

  • Lithuanians reject euro-driven austerity drive Monday, 15 Oct 2012 | 7:29 AM ET

    VILNIUS, Lithuania-- Lithuanians have dealt a blow to the conservative government's vision of a nation that would become a regional energy powerhouse and a member of the euro. Instead, they voted Sunday for politicians likely to dump austerity and rejected a plan to build a nuclear plant that could have made the country a net energy exporter.

  • Once star of EU newcomers, Slovenia falters Monday, 15 Oct 2012 | 3:07 AM ET

    LJUBLJANA, Slovenia-- Andrej Plut has always thought he was fortunate to live in Slovenia, at one time the most prosperous of the former republics of Yugoslavia and a star among the eastern European states that joined the EU after the fall of communism.

  • Lithuanians sway toward opposition parties Sunday, 14 Oct 2012 | 7:09 PM ET

    All three parties promised radical policy changes, including increased wages and lower taxes, while the Social Democrats said that Lithuania should postpone introducing the euro until Europe could straighten out its current financial mess.

  • Lithuanian voters swing to opposition parties Sunday, 14 Oct 2012 | 4:13 PM ET

    VILNIUS, Lithuania-- Opposition populists and leftists in crisis-worn Lithuania hinted they were prepared to form a government coalition after an exit poll late Sunday indicated their parties would take first and second place in the country's parliamentary elections.

  • Poll: Ruling coalition to win Lithuanian election Sunday, 14 Oct 2012 | 1:06 PM ET

    VILNIUS, Lithuania-- An exit poll shows that Lithuania's ruling conservative coalition is poised to muster 25 percent of the vote in Sunday's parliamentary election and a populist party will finish first with nearly 20 percent.

  • Opposition expected to gain in Lithuanian ballot Sunday, 14 Oct 2012 | 12:31 AM ET

    VILNIUS, Lithuania-- Voting precincts have opened in Lithuania, with opposition leftists and populists expected to vie for victory over the unpopular conservative government that took over four years ago as the Baltic country slid into a deep recession.

  • VILNIUS, Oct 11- Lithuanian Prime Minister Andrius Kubilius hit out at centre-left opposition budget plans on Thursday, warning of danger to fiscal stability. But they also say they will adhere to a strict budget policy and keep to European Union rules on budget deficits, which set a limit for the fiscal gap of three percent of output.

  • Nordic power bills to jump on new export links Thursday, 11 Oct 2012 | 11:25 AM ET

    OSLO, Oct 11- Nordic power prices could rise as much as 10 percent by the end of the decade as a clutch of new power lines will allow producers to sell their electricity into higher priced markets in continental Europe and Britain.

  • Russian markets - Factors to Watch on Oct 4 Thursday, 4 Oct 2012 | 2:28 AM ET

    MOSCOW, Oct 4- Here are events and news stories that could move Russian markets on Thursday. MOSCOW- "Russia Calling" investment conference held by VTB Capital. MOSCOW- Briefing by Alexey Simanovsky, First Deputy Chairman of the Central Bank of Russia.