Bank of Lithuanua president Vitas Vasiliauskas
CORPORATE

New law to allow mergers of credit unions

The Lithuanian parliament is to consider a bill allowing mergers of credit unions. The Bank of Lithuania says the measure would improve the credit unions’ viability and introduce new players in the country’s financial market. […]

Explosion in Ankara left 37 dead
CORPORATE

‘It is a tragedy for which there is no justification’

The Lithuanian Ambassador to Turkey has expressed his dismay at the explosion that ripped through the heart of Ankara on Sunday evening killing 37 people and injuring at least 125. […]

Linas Linkevičius
European Union

EU stands united on Russia, says Lithuanian foreign minister

The European Union has a united position on Russia, says Lithuanian Minister of Foreign Affairs Linas Linkevičius who on Monday attended an EU Foreign Affairs Council meeting to discuss relations with Russia. […]

European Parliament
Politics

Most Lithuanian MEPs will not run in national elections

Most Lithuanian members of the European Parliament are not planning to run for seats in the national parliament, Seimas, this October. Many are likely to have been deterred by new electoral rules which would automatically deprive elected MPs of their seats in the EP. […]