CORPORATE

EU needs to invest in electricity sector – Eurelectric chief in Vilnius

The EU needs to invest in the electricity sector if EU targets to reduce emissions and boost growth are to be met, according to the president of European electricity industry association, Eurelectric, Antonio Mexia, who […]

CORPORATE

Bank of Lithuania may face lawsuits after credit regulations ruled unconstitutional

Lithuanian courts have ruled that a Bank of Lithuania rule forbidding the granting of credit to people who must spend more than 40% of their income to cover their debts is unconstitutional. The courts’ ruling […]

CORPORATE

Lithuanian dairy farmers ‘can expect support from EU’ – Attaché

Lithuania’s agriculture attaché in Brussels says that the country’s dairy farmers can expect support from the European Commission, although there are no guarantees yet, LRT reports. Karolis Anužis says that the decision should be clear […]

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CORPORATE

Danske Bank completes deal with Swedbank in effort to focus on business banking

On Saturday, the Danish Danske Bank and Swedish Swedbank completed the deal they signed at the end of September last year regarding the sale of Lithuanian and Latvian retail banks. Verslo Žinios reports that the […]