Stock markets were hit by ‘a perfect storm’, oil prices eased slightly
On Friday, shares in Asia fell in response to a wave of sell-offs on Wall Street, as global markets were hit by a “perfect storm”: renewed war in the Middle East, oil prices sh…
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„Lietuvos draudimas“ invests 1 million euros into INVL fund for the construction of Rūdninkai military town
Managed by PZU, one of the largest insurance groups in Central and Eastern Europe, Lithuanian non-life insurance market leader “Lietuvos draudimas” invests EUR 1 million in an asset management group…
Mayor of Vilnius: waste management cannot be handled by a private operator
In the Vilnius region, a waste crisis arose and the conflict between the Vilnius County Waste Management Centre (VAATC) and the operator of the Vilnius waste sorting plant „…
“Big problems” in the Russian banking system: residents are massively withdrawing cash
Russians withdraw hundreds of billions of rubles from banks every month, as fears about the economy, payment disruptions, and declining trust in the financial system prompt more and more people to…
Euro banknotes will change: see how they might look
On Thursday, the European Central Bank (ECB) presented selected design proposals for the next series of euro banknotes and launched a public opinion poll, inviting participation…
In the Seimas – a proposal to reduce diesel excise duty, the safety and CO2 components of other fuels
The “Nemuno aušros” faction and several parliamentarians belonging to the Mixed Group of Seimas members propose to reduce fuel excise duties.
ECB President: some Governing Council members considered raising interest rates
Some members of the European Central Bank (ECB) Governing Council considered raising interest rates during the latest meeting, ECB President Christine revealed on Thursday…
The President signed the so-called milk law
President Gitanas Nausėda signed the so-called milk law, which, it is hoped, will ensure fairer relations between milk producers and processors, the Presidency confirmed to BNS.
Ford and Geely establish joint venture in troubled Spanish factory
US car manufacturer Ford and Chinese company Geely will establish a joint venture at Ford’s struggling Valencia plant in eastern Spain, where they plan to produce…
ECB made a decision on interest rates
After raising interest rates in June, the Governing Council of the European Central Bank (ECB) decided on Thursday not to change any of the three main interest rates.