Deposit and Investment Insurance Archives

Lithuanian court rules in favour of Snoras Bank creditors

August 7, 2014 ELTA EN 0

Vilnius Regional Court has delivered a judgment in favour of 26 claimants against Snoras Bank and the third party, the state enterprise Deposit and Investment Insurance. The court annulled the signed bond agreements and deposit certificate acquisition agreements. […]

Snoras Bank creditors have already been paid almost 0.5bn euros

August 5, 2014 ELTA EN 0

In accordance to the third payout plan approved by Vilnius Regional Court, Snoras Bank bankruptcy administrator has paid out LTL 750 million (EUR 217 million) to secondary creditor, state company Deposit and Investment Insurance. After the transaction, primary and secondary creditors of Snoras will have received a total of LTL 1.7 billion (EUR 487 million). […]

After Nausėda meeting with Budrys, the opposition retorts to the candidate’s “cooling off “

November 22, 2024 0

Kęstutis Budrys, the President’s Senior Adviser, who has been nominated for the post of Minister of foreign affairs, does not say whether he first discussed the possibility of taking up the post with President Gitanas […]

“No need to mince words”: an assessment of what Trump’s victory means for Lithuania

November 6, 2024 0

“We can shout very loudly, but it won’t change the position of the American people,” says Professor Tomas Janeliūnas, as the winner of the United States of America’s (USA) presidential election, which will almost certainly […]

Another year in the sovereign history of Kazakhstan

October 24, 2024 0

Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving new life to the fundamental document on state sovereignty—the Declaration of October 25, 1990. The Republic is a modern form […]

In the assessment of NATO’s readiness for war with Russia, there is also a warning about the Baltic states: what is the Kremlin’s wild card?

October 23, 2024 0

According to Lrytas.lt, the North Atlantic Treaty Organisation (NATO) faces a new geopolitical reality with the large-scale invasion of Ukraine in February 2022. While the Alliance has begun responding to emerging threats, its readiness for […]

These parties will enter the Seimas for the third time in a row. How many votes did they lose, and how many did they gain?

October 15, 2024 0

As various parties emerge, disappear or reorganize themselves in the political space, the Lithuanian Social Democratic Party (LSDP), the Homeland Union-Lithuanian Christian Democrats (Homeland Union-Lithuanian Christian Democrats – TS-LKD) and the Liberal Movement are making […]