At Davos 2015, Dalia Grybauskaite, president of Lithuania, talks about the tensions between Ukraine and Russia, saying she supports Ukraine and we will not embrace "terroristic behavior or military aggression."» Read More
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...
*Lithuania to import LNG to cut dependence on Russian gas. *Needs access to Latvia storage site to balance flows. But contracts providing third parties with access to the Incukalns underground gas storage site in Latvia are not transparent, which is hindering the emergence of a market, Lithuanian LNG importer Litgas said.
VILNIUS- European Central Bank President Mario Draghi will visit Lithuania to attend a high-level Euro Conference Lithuania "Single Market, Single Currency, Common Future," organized by the Bank of Lithuania in partnership with the ECB, European Commission and the Republic of Lithuania Ministry of Finance- 0700 GMT.
KANSAS CITY- Federal Reserve Bank of Kansas City President Esther George gives welcome remarks at the Shift Innovation: Community Development Conference- 1330 GMT.
Parliamentary elections are due next May, with the last-minute pledges made to Scotland in an effort to keep the United Kingdom together expected to complicate the picture. It remains to be seen whether, despite the Scottish vote, investors will now require a greater risk premium to hold UK assets. *Scotland stays in UK, but Britain faces change.
DALLAS- Federal Reserve Bank of Dallas President Richard Fisher moderates panel, "Perspectives on the Fed's Role in International Crises" before a conference hosted by the Federal Reserve Bank of Dallas- 2100 GMT.
STOCKHOLM- Sveriges Riksbank will release the minutes of September monetary policy meeting- 0730 GMT. STOCKHOLM- Sweden Central Bank Deputy Governor Martin Floden speaks on the topic "The economic situation and my views on monetary policy"- 0900 GMT.
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".
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 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.
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.
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.
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''.
"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. "
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.
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.
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.
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.
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.
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.