VILNIUS, Lithuania— Lithuania says it has signed a contract to purchase dozens of German military vehicles worth 386 million euros, in the Baltic country's largest weaponry purchase to date. The agreement comes amid growing tensions over neighboring Russia's increased military presence in the Baltic Sea region. Russia's actions in Ukraine and military...
BRUSSELS, May 30- European Commission President Jean-Claude Juncker will attend a high-profile economic forum in Russia in June and meet President Vladimir Putin there, officials said on Monday, as the EU weighs whether to renew economic sanctions against Moscow. While several EU leaders including German Chancellor Angela Merkel have visited Russia since...
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."
Lithuania joined the euro zone on Thursday, despite concerns about the currency union's economy and reignited fears about a possible 'Grexit'.
Following Lithuania's ascension to the euro zone, the country's finance minister Rimantas Sadzius, says he is optimistic about the currency's future, which he says has been resilient through the financial crisis.
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.
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.