EconomyIn August 2013, external assets of the Bank of Lithuania decreased by LTL 322.8 million (EUR 93.4 million), while external liabilities increased by LTL 157.0 million (EUR 45.4 million). At the end of the month these indicators were equal to LTL 20.3 billion (EUR 5.8 billion) and LTL 192.5 million (EUR 55.7 million) correspondingly, informs LETA/ELTA. EU Finance Ministers had their first ECOFIN level discussion on Single Resolution Mechanism in Vilnius2013-09-14, 13:05EU Finance Ministers and Central Bank Governors focussed their attention on the Banking Union, financing SMEs and the EU economic outlook on the first day of the Informal ECOFIN meeting in Vilnius. EU adopts new measures to reform telecoms market2013-09-13, 16:46The European Commission will today present plans to reform the region's telecoms industry which they believe will underpin a single market for companies and consumers, which it describes as the most ambitious plan for the sector since the dismantling of the public monopolies 26 years ago. Informal ECOFIN meeting to discuss future decisions on European financial stability and economic growth2013-09-12, 11:59What is the future development of the Banking Union and which way is the best to enhance SMEs financing? These and other questions of pan-European importance will be discussed at the Informal ECOFIN meeting taking place in Vilnius on 13-14 September. Cheaper energy could provide new jobs for the European Union and strengthen its economy.2013-09-11, 15:54Lower energy prices could strengthen the competitiveness of the EU economy and boost economic growth and job formation; it also means more money left to spend. The integrated energy market gives us this chance. Its speedy implementation will ensure our security and sustainable use of our natural resources. Family farming is a lifestyle, not a profession2013-09-10, 12:27This week, in Lithuania visiting European Union agriculture ministers, European Commission and Parliament members and representatives of non-governmental organizations will discuss the prospects of family farms in the context of globalization. Recently, much attention has been paid to the family farms looking for niches in a changing world. In July, exports in Lithuania increased by 2.8%, imports – by 19.3%2013-09-09, 17:41In July 2013, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports amounted to LTL 7 billion, imports – LTL 8.2 billion. Exports of goods of Lithuanian origin amounted to LTL 4 billion. The foreign trade deficit of Lithuania amounted to LTL 1.2 billion. Aleksey Miller promises Lithuania to reduce natural gas price2013-09-07, 07:59The price of Russian natural gas will be reduced in the future, however, for now it remains the issue of the negotiations. Aleksey Miller, CEO at Russian gas giant Gazprom, says that the price of natural gas for Lithuania will definitely decrease, yet the exact extent of discount will turn out after further negotiations, informs LETA/ELTA. On September 8–10 during the informal meeting in Vilnius the Ministers of Agriculture will discuss the family farming prospects in the context of globalization. The meeting will provide a solid foundation for the further discussions run by society and farmers' organizations in 2014, which the General Assembly of the United Nations declared to be the "International Year of Family Farming". Slovenia, Croatia and Austria are to get €14.6 million in EU aid to help repair damage caused by severe floods in 2012. The aid was approved by the Budgets Committee on Thursday, but still needs to be endorsed by Parliament as a whole. |
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