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Guaranteed compensation payments to ABLV Bank AS customers will start on 3 March

The Board of the Financial and Capital Market Commission (hereinafter – the FCMC) has decided on the procedure for pay-out of guaranteed c...

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Lithuanian president doubts justice minister's competence

VILNIUS - Lithuanian President Dalia Grybauskaite says that she doubts whether Justice Minister Milda Vainiute and Deputy Justice Minister ...

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HELCOM Ministerial Meeting to draw up course of action for the Baltic Sea

BRUSSELS - High-level representatives of the Baltic Sea countries meet in Brussels on 6 March to discuss state and future of the Baltic marine e...

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Presidential front runner Gitanas Nauseda: I can hit it off with everyone

With the presidential elections coming next year Lithuania has a clear front runner in the polls, SEB Lithuania Bank’s Chief Economist, Gi...

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Joint company should organize large Rail Baltic tenders - EU chief transport official

TALLINN – According to the European Commission's Director-General for mobility and transport Henrik Hololei, it is reasonable based on...

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Russian citizen Volosevich, charged with large scale fraud, detained in Riga

RIGA, Feb 27 (LETA) – Last week Russian citizen Ilya Volosevich, charged with large scale fraud and put on on Interpol’s list of wan...

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European Commission wants Baltic countries to reach agreement on Rail Baltica project by March 21

TALLINN - The European Commission has tasked the Baltic countries with reaching agreement on the organization and structure of the Rail Baltica ...

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ABLV Bank shareholders decide to liquidate bank to protect clients

RIGA, Feb 26 (LETA) – Shareholders of Latvia’s ABLV Bank at an extraordinary meeting on Monday made a decision to start the liquidat...

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Latvia's airBaltic set to expand operations in Vilnius - Gauss

VILNIUS – airBaltic, the Latvian airline prevailing in the Baltic states, is set to keep the current growth pace and expand operations in ...

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ABLV Bank's fate will be decided by ECB - Putnins

RIGA - The fate of ABLV Bank will be decided by the decisions made by the European Central Bank, the chairman of the Financial and Capital Marke...

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