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Europe Top News and Analysis Lithuania

  • DIARY- Top Economic Events to July 15 Thursday, 2 Jul 2015 | 12:00 AM ET

    LONDON- Bank of England's Andrew Gracie speaks at financial services cyber security conference- 0805 GMT. MILAN, Italy- European Central Bank President Mario Draghi to give opening remarks at T2S launch celebration- 1510 GMT. MILAN, Italy- European Central Bank Executive Board member Yves Mersch to give closing remarks at T2S launch celebration- 1700 GMT.

  • DIARY- Top Economic Events to July 13 Tuesday, 30 Jun 2015 | 8:01 PM ET

    LONDON- Bank of England publishes financial stability report, followed by Governor Mark Carney's news conference- 0930 GMT. FRANKFURT- European Central Bank Governing Council meeting. BERLIN- European Central Bank Governing Council member Jens Weidmann and Bundesbank Vice President Claudia Buch to participate in cabinet meeting of the federal...

  • DIARY- Top Economic Events to July 10 Monday, 29 Jun 2015 | 8:01 PM ET

    LONDON- Reserve Bank of Australia Governor Glenn Stevens speaks at an event hosted by Official Monetary and Financial Institutions Forum- 0840 GMT. LONDON- Bank of England's Paul Fisher speaks at the Financial Times Future of Insurance event- 0840 GMT. VIENNA- European Central Bank Governing Council member Ewald Nowotny to give a keynote speech at "Raiffeisen...

  • *Merkel says nothing new to report on Greece. Financial markets, for months indifferent to wrangling over releasing billions of euros of aid for Greece, reacted with mounting alarm. "I'm certain future historians will recognize that little Greece, with its little power, is today fighting a battle beyond its capacity not just on its own behalf but on behalf of the...

  • 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...

  • European Union is the 'best club' Wednesday, 21 Jan 2015 | 10:00 AM ET
    European Union is the 'best club'

    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."

  • What? This country just joined the euro zone Friday, 2 Jan 2015 | 4:40 AM ET
    Vilnius, Lithuania

    Lithuania joined the euro zone on Thursday, despite concerns about the currency union's economy and reignited fears about a possible 'Grexit'.

  • Lithuania Fin Min 'optimistic' about euro's future Thursday, 1 Jan 2015 | 7:00 PM ET
    Lithuania Fin Min 'optimistic' about euro's future

    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.

  • 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.