Lithuanian political scientist Ramūnas Vilpišauskas, director of the Institute of International Relations and Political Science at Vilnius University, says that the Greek government is realizing the ineffectiveness of its combative position and is now trying to look for allies in Europe.
Greece
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Europeans are starting to realize how sombre the situation is for the Greek people and sympathize with their plight, says Dimitris Papanikolaou, academic from Oxford University. The austerity measures imposed on Greece have done little to get the country out of debt and a lot to dismantle welfare pr...
As the European Union launches talks on refugee distribution, Lithuanian President Dalia Grybauskaitė says accepting several hundred refugees is not only a challenge but also an opportunity to solve the problem of short workforce supply.
Finance Minister Rimantas Šadžius says that if the eurozone decided to provide financial support to Greece from the European Stability Mechanism (ESM), in Lithuania it would be the government that would decide on whether or not to approve the loan.
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Greek Prime Minister Alexis Tsipras' speech in Strasbourg on Wednesday did not convince Lithuanian MEPs who said they only heard excuses but not real proposals on ways to deal with the debt crisis after Greek voters turned down creditors' demands in a referendum on Sunday.
University of Thessaly economy professor Christos Kollias, who has close ties to the Greek army, predicts that Greece will start selling used military equipment to cut costs and will start closing military bases, Aripaev Online cites political portal Politico.
Greece is asking for financial support from the European Stability Mechanism (ESM), Lithuanian Finance Minister Rimantas Šadžius said on Tuesday.
Greece might have to renounce the euro if the country's government refuses to make commitments and continues with its "irresponsible" policy, Lithuanian President Dalia Grybauskaitė said on Tuesday.
Lithuanian President Dalia Grybauskaitė and Finance Minister Rimantas Šadžius will on Tuesday attend an emergency meeting with their counterparts in Brussels to discuss the Greek debt crisis following the Sunday referendum that saw the Greeks voted down austerity measures.
Greece will remain in the eurozone despite the Greeks' decision in the recent referendum to reject the creditors' proposed reforms and austerity measures, Lithuanian Prime Minister Algirdas Butkevičius believes.
It will be very difficult to help Greece whose people voted against reforms demanded by the country creditors in a referendum on Sunday, Lithuanian Minister of Foreign Affairs Linas Linkevičius says, adding that the possibility of Greece's euro exist is absolutely real.
A "No" vote in Greece's referendum on Sunday would weaken chances for Athens to reach an agreement with its creditors, Vitor Constancio, vice-president of the European Central Bank, said in Vilnius on Friday.
Lithuania might have to accept more than 250 refugees in an effort to help ease the Mediterranean migrant crisis, Lithuanian Prime Minister Algirdas Butkevičius said on Wednesday.
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Everyone respects the decision made by Greece to hold a referendum on a deal with its creditors, says foreign affairs advisor to the Lithuanian president Renaldas Vaisbrodas. He hopes the referendum will be helpful to the people of Greece.
Graikijos sostinėje Atėnuose prie parlamento būriuojasi žmonės, norėdami išreikšti savo nepasitenkinimą naujomis taupymo priemonėmis, kurių gali prireikti ties bankroto riba atsidūrusiai šaliai.
Greece's fate is in the hands of its citizens after the country decided to call a referendum on the latest terms of a debt deal proposed by its EU and IMF creditors, Lithuanian Prime Minister Algirdas Butkevičius said on Sunday.
Although eurozone finance ministers have not extended Greece's bailout program, the country stays in the single currency, Lithuanian Finance Minister Rimantas Šadžius has said, adding that the EU will use other means to help Greece, such as structural funding, and that the country now has to take me...
The European Council's decision to relocate 40,000 refuges from Greece and Italy to other EU member states over the next two years is a symbolic step, Lithuanian President Dalia Grybauskaitė says, adding that the migration problem needs a more serious solution.