Russia has demanded that Vilnius immediately reverse new restrictions on shipments of Russian goods that are subject to EU sanctions through Lithuanian territory to the Russian exclave of Kaliningrad.
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EBRD Vice President for Banking Alain Pilloux visited the Czech and Slovak Republics last week for meetings with national governments and the business community.
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The European Bank for Reconstruction and Development (EBRD) has agreed to sell an 18 per cent stake in Šiaulių Bankas, a bank in Lithuania listed on Nasdaq Baltic and the largest remaining independent bank in the country which is not part of an international banking group
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Poland says it will build a fence on its border with its eastern neighbor Belarus to stem a flow of migrants that European officials say is being driven by Minsk in retaliation for sanctions against the regime of authoritarian ruler Alyaksandr Lukashenka.
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Poland and Latvia have a registered a record number of migrants crossing their borders with Belarus, amid accusations Minsk is using migrants as a weapon against the European Union.
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Addressing a core issue in the effort to improve the use of energy in Lithuania, the European Bank for Reconstruction and Development (EBRD) is lending €67.5 million to support an innovative scheme to scale up renovation of residential multi-apartment buildings – its largest direct investment in renovating privately owned buildings in the country.
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The European Bank for Reconstruction and Development (EBRD) has subscribed to a €20 million ticket as part of a €300 million Eurobond issue by Akropolis Group, the first such issuance by a real-estate company in the Baltic states.
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For Serbia and Hungary, Russia's coronavirus vaccine Sputnik V has been a godsend, allowing both countries to accelerate their inoculation drives. Austria announced midweek it is negotiating to buy a million doses.
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The leading Lithuanian retail chain Maxima Grupė (Maxima) and the European Bank for Reconstruction and Development (EBRD) are teaming up to introduce a new financial product in the Baltic markets: The EBRD is investing €4.2 million in a €40 million issuance of commercial paper (CP) by Maxima, the first issuance of such securities in the
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The EIB and EIF have issued a guarantee to Luminor Bank AS for new lending to SMEs and Mid-Caps in the Baltic States.
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