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Uncategorized

Estonian producers: Russian ban came as cold shower

Estonian food producers admit that they did not expect Russia to impose a total ban on food imports from the EU and say this is equivalent to declaring a trade war, writes Äripäev. […]

President Grybauskaitė with Finance Minister Gustas and Agriculture Minister Baltraitienė
Foreign affairs

President Grybauskaitė: Russia has become unreliable business partner

At Friday’s meeting with Minister of Economy and acting Prime Minister Evaldas Gustas and Minister of Agriculture Virginija Baltraitienė, President Dalia Grybauskaitė noted that Russia had become a completely unreliable and unpredictable business partner. […]

Minister of Energy Jaroslav Neverovič
Energy

Russia unlikely to cut gas supply to Lithuania, energy minister says

Lithuania’s Minister of Energy Jaroslav Neverovič sees no reason for Russia, who has become subject to sanctions imposed by Western states, to take measures against Lithuania such as a gas embargo. […]

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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. […]

IMF
Economy

IMF warns Lithuania about effects of Russia sanctions

Lithuania and other Eastern European economies with close links with Russia could be seriously affected by a slowdown in the Russian economy or the sanctions imposed by the West against Moscow, analysts of the International Monetary Fund (IMF) have said. […]