The EU’s recommended deadline of 2012 for switching of analogue TV broadcasts was met by 22 of the 27 member states, according to the recently published 2012 Yearbook from the European Audiovisual Observatory. In 2012, Ireland, Italy, Lithuania, Portugal, Slovakia and the UK completed the …
2 months, 1 week ago by
Managing-Ed
Tags: analogue, European Union, television
Excerpt from report by Lithuanian newspaper Lietuvos Rytas. [Report by Aida Murauskaite, Marius Jokubaitis, Martynas Cerkauskas, Sigita Puryte, Rasa Stundziene: "Ukio Bank Has Collapsed: Neither President Grybauskaite Nor Zalgiris's Name Have Helped"] It is not likely that Ukio Bank [Ukio Bankas], which has stumbled, will …
3 months ago by
Managing-Ed
Tags: Adomas Audickas, and Assets Management Services, Bank of Lithuania, business group, Central Bank, Dalia Grybauskaitė, Deposits and Investments Insurance, Eastern Europe Development Fund, Finance Ministry, financial market, Investment Asset Management, Kaunas, Kazakhstan, Lietuvos rytas, loans, Minister of Agriculture, Russia, Siauliau Bankas, Simonas Minkevicius, Snoras Bank, Swedbank, Trade Project, Ukio Bank Risk Capital Management, Ukio Bankas, Ukraine, Vilnius stock exchange, Vitas Vasiliauskas, Vladimir Romanov, Žalgiris BC
The suspension of Lithuania’s Ukio Bankas 14 months after Snoras Bankas AB’s bankruptcy will further erode confidence in the Baltic nation’s banking industry and may hurt liquidity, Moody’s Investors Service said, according to a Bloomberg article. You can read all of the article here.
3 months ago by
Managing-Ed
Tags: banking industry, Bloomberg, Moody's, Snoras, Ukio Bankas
Some 9.5 million litas (EUR 2.8 mln) from the state budget will be earmarked to Lithuanian movie projects this year, up by nearly 3 million litas year-on-year, director of the Lithuanian Film Center Rolandas Kvietkauskas said on Tuesday. “We hope that the increase in film …
3 months, 3 weeks ago by
Managing-Ed
Tags: films, Lithuanian Film Center, movie projects
A demand by a Polish ministry to return part of a grant may terminate publishing of a semimonthly Lithuanian-language magazine Ausra that has been in circulation for more than 50 years. According to Lietuvos Zinios daily, the magazine is in danger after Poland’s Ministry of …
4 months ago by
Managing-Ed
Tags: Ausra, Lietuvos Zinios, Poland
Internet access and use is widespread amongst the EU population, reports EUROSTAT. In the EU27, more than three quarters of households had access to the internet in 2012, compared with just under half in 2006. The proportion of households who have a broadband internet connection has increased …
5 months ago by
Managing-Ed
Tags: eurostat, Internet, Lithuania, online news
Leonids Jakobsons, a Latvian journalist who reportedly leaked to the public the e-mails of Nils Ushakovs, Mayor of Riga, was attacked yesterday in central Riga and shot several times, bbn.ee reports. He survived the attack, has been hospitalised and his life is not in danger. …
1 year, 1 month ago by
editor
Tags: crime, journalism, Latvia, Police, Riga, Russia
Lithuania’s national Eurovision pick, that concluded last Saturday with victory for Donatas Montvydas a.k.a. Donny Montell, has had its fair share of intrigue. One of them involves a misunderstanding over the composition of the jury that was to decide who would be going to Baku …
1 year, 2 months ago by
editor
Tags: Donatas Montvydas, Eurovision
Donatas Montvydas, sometimes going by his international stage name Donny Montell, was a definite favourite in Lithuanian pick for the Eurovision Song Contest. However, his chances of going to Azerbaijan in May might be somewhat upset by accusations of plagiarism, 15min.lt reported on 29 February. …
1 year, 2 months ago by
editor
Tags: Donatas Montvydas, Eurovision