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Google, Revolut set up payment companies in Lithuania

VILNIUS – US internet giant Google and British financial startup Revolut have registered payment companies in Lithuania. ...

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Fitch affirms Latvia at 'A-'; outlook stable

RIGA - Fitch Ratings has affirmed Latvia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A-' with a Stable Outlook, the...

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Seesam non-life insurer raises premiums in Baltics by 10% in nine months

RIGA - In the first nine months of 2018, Seesam non-life insurer raised its gross insurance premiums in the Baltic states by 10 percent against ...

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Ship traffic at Klaipeda port remains restricted

VILNIUS - Winds in Klaipeda are subsiding, but shipping restrictions remain in place at the Lithuanian port on Wednesday afternoon, the port'...

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Swedbank says won't be drawn into Baltic money laundering scandal

TALLINN – Swedbank, the biggest bank operating in the Baltic region, is confident it won't be drawn into the money laundering scandals...

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FCMC applies 2.2 million euro fine to JSC LPB Bank and issues warning to Board member

RIGA – The Board of the Financial and Capital Market Commission (FCMC) on 16.10.2018 decided to impose a fine of 2 205 282 euro on the joi...

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Lithuanian top court halts national stadium construction tender

VILNIUS – The Supreme Court of Lithuania on Friday halted the 80 million euro worth concession tender for the construction of a national s...

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Lithuania can serve as gateway to Europe for China's fintech firms, c.bank says

VILNIUS - Lithuania is ready to take on a coordinating role in enhancing cooperation between China and Central and Eastern European (CEE) t...

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Digital Freedom Festival Announces First Conference Speakers and Media Accreditation

RIGA – The global technology, startup, policy and lifestyle Digital Freedom Festival announces the first confer...

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Major sandbox for energy infrastructure and data launched in Lithuania

VILNIUS – Lithuanian energy group Lietuvos Energija (LE), which holds the country’s key assets for energy generation, distribution, ...

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