Europe Top News and Analysis Lithuania

  • LONDON, Dec 8- Google, Alibaba and other "Big Tech" companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition. While still only "nascent" in most countries, Big Tech in countries like China has brought financial services within reach of underserved communities, the FSB, which is...

  • WARSAW, Nov 15- Poland's dominant gas firm, state-run PGNiG, said on Friday it had notified Russia's Gazprom that it will not renew their long-term deal on gas supplies when the agreement expires after 2022.. Poland had said before that it did not plan to buy gas from Gazprom after 2022. Poland still buys most of the gas it consumes from Gazprom, but has taken steps to...

  • *SEB is the second biggest bank in Estonia by market share. STOCKHOLM, Nov 15- A planned Swedish TV programme on suspected money laundering in the Baltics will include information on Sweden's SEB, the bank said on Friday, sending its shares down almost 13%. "We haven't received that much information yet, but they have said they will do a programme on suspected money...

  • *SEB is the second biggest bank in Estonia by market share. STOCKHOLM, Nov 15- A planned Swedish TV program on suspected money laundering in the Baltics will include information on Sweden's SEB, the bank said on Friday, sending its shares down almost 13%. "We haven't received that much information yet, but they have said they will do a program on suspected money...

  • MOSCOW, Nov 8- A gas tanker once hailed by President Vladimir Putin as a bulwark of Russian energy security is heading for a liquefied natural gas terminal in the United States, ship tracking data from Refinitiv's Eikon showed on Friday. The collection of an LNG cargo from the United States by a Russian tanker would be potentially awkward for Putin and...

  • Energy Secretary Rick Perry recommended Ukraine President Volodymyr Zelenskiy's administration talk with Daniel Yergin, a Pulitzer Prize winning energy historian, and Carlos Pascual, a former ambassador to Ukraine, on energy reforms, an U.S. Energy Department official said on Monday. Perry also recommended Zelenskiy's administration talk to industry...

  • Energy Secretary Rick Perry said on Monday he had no plans to resign now or next month, denying a report that he was expected to announce his resignation in November. Asked about the report in Politico, the U.S. energy secretary told a news conference in Lithuania: "No. "They've been writing the story for at least nine months now.

  • BRUSSELS, Oct 4- Denmark, backed by 10 other European Union countries, on Friday called for a strategy to phase out diesel and petrol cars, including allowing the ban of sales at member state-level by 2030 to combat climate change. Denmark made the proposal came during a meeting of EU environment ministers in Luxembourg. The 2050 goals are part of Ursula van der...

  • BRUSSELS, Oct 4- Denmark, backed by 10 other European Union countries, on Friday called for an EU-wide ban on the sale of diesel and petrol cars by 2040 to combat climate change. Denmark made the proposal came during a meeting of EU environment ministers in Luxembourg. Lithuania, Latvia, Slovenia, Bulgaria and several other countries however suggested that more...

  • BRUSSELS, Oct 4- Denmark, backed by 10 other European Union countries, on Friday called for an EU-wide ban on diesel and petrol cars by 2040 to combat climate change. Denmark made the proposal came during a meeting of EU environment ministers in Luxembourg. Lithuania, Latvia, Slovenia, Bulgaria and several other countries however suggested that more must be done to...

  • Sept 24- Germany's fast-growing capital Berlin is turning to technology to promote the use of just about every form of urban transport- except the private car- as it races to stop the city from seizing up from increasing traffic congestion. The app, called Jelbi, is run by the BVG transport authority and runs on technology from Trafi, a Lithuanian startup that built...

  • Lithuanian Finance Minister Vilius Sapoka speaks to CNBC's Silvia Amaro at the Eurogroup summit in Helsinki.

  • OSLO, Sept 9- Lithuania, which under its energy independence strategy needs to get some 38% of its power from renewables by 2025, on Monday proposed three green energy auctions for 2020-2022 to help attract investment, its energy ministry said. The new auctions, accounting for 0.7 TWh each year are added to a 0.3 TWh auction Lithuania announced last week and aim to...

  • MOSCOW/ VIENNA, Aug 29- A Russian liquefied natural gas unit hailed by President Vladimir Putin as a guarantor of energy security to Russia's Kaliningrad enclave has been leased by OMV, in the absence of immediate threats to its overland gas supplies. The Marshal Vasilevskiy floating storage and regasification unit- a terminal with storage facilities which...

  • *Italy opens investigation into rescue response time. PARIS, Aug 21- Badly injured on a cliffside in southern Italy, a French hiker called emergency services this month, but he could not tell them exactly where he was after a fall that broke his legs. It took rescuers nine days to locate Simon Gautier's body, but it could have been found much sooner had Italy installed...

  • LONDON, July 24- Emerging market borrowers are loading up with record amounts of euro-denominated debt in anticipation of even more deeply negative interest rates and protracted easy money from the European Central Bank. Data from Dealogic shows euro debt sales by developing nations and firms amounted to $58 billion year-to-date, quickly catching up with...

  • Lithuanian Finance Minister Vilius Sapoka discusses the euro zone economy and the ECB presidency.

  • BRUSSELS, June 20- European Union leaders agreed on Thursday to prolong until the end of January 2020 economic sanctions against Russia over the turmoil in Ukraine, a spokesman for the bloc said. The EU first slapped sanctions on Russia after Moscow annexed Crimea from Ukraine in March 2014 and supported rebels fighting Kiev troops in the east of the country.

  • BRUSSELS, June 20- European Union leaders will decide on Thursday to prolong until the end of January 2020 economic sanctions against Russia over the turmoil in Ukraine and call on Moscow to help bring to justice those guilty of shooting down a passenger plane there in 2014.. The EU slapped sanctions on Russia after Moscow annexed Crimea from Ukraine in March...

  • The Coinbase cryptocurrency exchange application seen on the screen of an iPhone.

    Coinbase's U.K. CEO Zeeshan Feroz said users can expect a "more aggressive approach" to the cryptocurrency exchange's global drive in 2019.