Baltic News Service News
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Lithuania’s central bank said it’s reviewing the qualifications of a group of companies and persons that want to buy the Finasta investment banking unit of bankrupt Bankas Snoras AB and remains open to other bidders.
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Russia declared an Estonian diplomat persona non grata two weeks after the Baltic nation’s prime minister visited the country for the first time.
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Lithuanian Economy Minister Birute Vesaite urged the government to alter its energy tactics to seek cheaper natural-gas supplies from Russia’s OAO Gazprom and reject a nuclear reactor that Japan’s Hitachi Ltd. proposed.
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A Lithuanian court ordered Klaipedos Nafta AB to halt a tender to build a link between a liquefied natural-gas terminal and the country’s grid after a protest from a bidder, Baltic News Service reported.
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The entire board of directors of Ukio Banko Investicine Grupe, a Lithuanian company that owns Scotland’s Heart of Midlothian soccer club, resigned last week, Baltic News Service reported.
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Estonia recorded a general government budget deficit equivalent to 0.2 percent of gross domestic product last year, the Baltic News Service reported, citing the country’s Finance Ministry.
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Latvia will apply tomorrow to the European Union for permission to adopt the euro next year after the government confirmed the country meets all legal and economic criteria, the Baltic News Service reported.
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Viktor Uspaskich, leader of Lithuania’s Labor Party, has been admitted to hospital after suffering a suspected heart attack, the Baltic News Service reported, citing the cardiology unit that’s treating him.
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Lithuania’s state-owned railway company Lietuvos Gelezinkeliai faces a European Union antitrust probe for removing a rail link that may have blocked rival services.
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Lithuania’s central bank rejected an unnamed investor’s request for approval to buy assets of Snoras Bankas AB, the bankrupt lender’s administrator said, according to the Baltic News Service.
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