European Union

Lithuanian agriculture minister calls for extraordinary EU ministers meeting

Following the introduction of sanctions on food imports by the Russian Federation, Lithuania’s Minister of Agriculture Virginija Baltraitienė has turned to Italian Agriculture, Nutrition and Forestry Minister Maurizio Martina, who holds the rotating presidency of the EU Agriculture and Fisheries Council (AGRIFISH), with a request to convene an extraordinary meeting of EU ministers of agriculture as soon as possible, possibly even in August. […]

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European Union

Bank of Lithuania governor joins ECB policymakers in Frankfurt

Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, is attending a meeting of the Governing Council of the European Central Bank (ECB) in Frankfurt, says the Bank of Lithuania in a statement. […]

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Opinion

Opinion: What can stop Russia?

The sanctions of the West against Russia are followed by discussions about what effect they could have on further actions of Russia towards Ukraine. One side stresses that Putin and his closest environment understand only force, therefore the increasing sanctions are the best measure of scaring Russia from further aggression in Ukraine. […]

Moscow, Russia
European Union

EU sanctions don’t spell catastrophe for Russia, expert says

One by one, Russia‘s state-run banks are feeling the brunt of new sanctions. […]

European Union

Modernizing transport: European priority

The European Commission selected a total of 106 projects that will benefit from over EUR 320 million in EU support for improving transport infrastructure across Europe. The funding will support projects announced by the Commission in 2013 and is effective through “Trans-European transport network (TEN-T) Program”; since January 2014 – the Innovation and Networks Executive Agency (INEA). […]

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Economy

Baltics and Poland to ask EU support in fighting ASF

Faced with a threat of African swine fever (ASF), the Lithuanian government plans to team up with Latvia, Estonia and Poland and to apply for the European Union’s (EU) support. […]

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European Union

EU gives final approval to Lithuania’s euro bid

The European Union’s (EU) General Affairs Council on Wednesday approved Lithuania’s entry to the euro zone in January 2015, which is the final decision that was needed for the country to adopt the single currency next year. […]