MEPs debate financial crisis and upcoming European Council

The EU should act in a united fashion to tackle the financial market crisis, and Member States should avoid unilateral steps which cause problems for their neighbours, according to most of the MEPs taking part in the debate on next week's EU summit and the financial turmoil. more »

Business And Eeconomics

Published: 09/10/2008

Lithuania Follows the Decision to Increase Deposit Guarantee Protection

Following the decision by the Economic and Financial Affairs Council (ECOFIN), the Government of Lithuania raises deposit guarantee protection for individuals from EUR 22,000 up to EUR100,000, demonstrating the credibility of Lithuanian finance sector and safety of deposits at financial institutions. more »

Business And Eeconomics

Published: 09/10/2008

Financial crisis: MEPs assess EU action and impact

As banks tumble like bowling pins and confidence plummets, Thursday sees MEPs consider whether to back wider financial regulation. more »

Business And Eeconomics

Published: 08/10/2008

Lithuanian foreign Ministry emphasizes that disputes of commercial companies are arbitrated by courts and not by politicians

On 6 October, the Embassy of Latvia to Lithuania received a reply to the note of Latvian Ministry of Foreign Affairs regarding the ruling of Vilnius District Court pertaining to the Latvian company airBaltic and Riga’s airport on the basis of the request of the Lithuanian company flyLAL. more »

Business And Eeconomics

Published: 06/10/2008

“The Lithuanian Economic Forum” to be hold in London

Lithianian Development Agency in cooperation with the Lithuanian Embassy to the United Kingdom of Great Britain and Northern Ireland as well as Alro Group, a real estate investment consultant, based in London, present “The Lithuanian Economic Forum” which will take place on October 8 in London. more »

Business And Eeconomics

Published: 04/10/2008

Silvio Berlusconi Promises His Support for the Extension of the Work of Ignalina NPP

Italian Prime Minister Silvio Berlusconi thinks that the closedown of Ignalina NPP might be postponed and affirmed this opinion to Lithuanian Prime Minister Gediminas Kirkilas who is presently on a working visit to Rome. more »

Business And Eeconomics

Published: 04/10/2008

Cisco Targets $34B Market with New Collaboration Portfolio

Open Collaboration Portfolio Integrates Cisco Unified Communications, Cisco TelePresence and Cisco WebEx. more »

Business And Eeconomics

Published: 02/10/2008

Wincor Nixdorf presents expanded portfolio of software solutions for postal services providers

Wincor Nixdorf's portfolio of software solutions for the branch business of postal services providers, PC/E Postal Solution Suite, has been newly structured and expanded to include additional functionalities. more »