Greece

EU leaders have agreed that 40,000 refugees will be relocated from Greece and Italy to other EU member states over the next two years. The relocation of refugees will be based on solidarity and national integration capacities rather than mandatory quotas.

Instability in the euro area results from fragmentation, chief economist for Lithuania at Nordea, the biggest financial group in the Nordic and Baltic countries, believes.

The European Central Bank's support to Greek banks, the so-called Emergency Liquidity Assistance (ELA), is likely to continue, the Lithuanian central bank governor said on Tuesday.

Lithuanian President Dalia Grybauskaitė says that the Greek government still does not understand what may happen to the state if its authorities do not take responsibility for their actions and that the eurozone's leaders are still "far away from" a deal with Greece to resolve the debt crisis.

Lithuanian President Dalia Grybauskaitė said on Monday that Greece would not leave the eurozone, but if it did, this would have no negative impact on the Lithuanian economy.

Greece wants to feast and to have other countries pay its bills, Lithuania’s president has said, adding that Lithuania has a tough stance towards the Greek debt crisis in particular as the country does not want, in the president's words, to take responsibility for several decades of living beyond it...

Slovak Minister of Finance Peter Kažimir, on June 19 spoke about the forthcoming leaders’ summit in Brussels, between Athens and its creditors. Prime Minister of Greece Alexis Tsipras has achieved his goal of moving negotiations to a higher level, the Minister of Finance noted. This video was filmed...

Emergency euro area’s summit, which will be held on Monday, may rouse Greece to action in addressing the debt crisis, Lithuania’s Finance Minister has said.

After negotiations between Greece and its international lenders failed, the country's future in the eurozone may not be settled until this autumn, says Lithuania's Finance Minister Rimantas Šadžius. Asked to comment whether Greek banks will open on Monday, the minister said he was not sure.

Debt-ridden Greece will hardly be able to pay 1.6 billion euros to the International Monetary Fund (IMF) by June 30 without external financial support, Lithuania’s Finance Minister believes.

If Greece fails to reach a debt deal with the European Union, the country may fall back into recession, Valdis Dombrovskis, the European Commission's vice-president for the euro and social dialogue, said in Vilnius on Tuesday.

Europos akcijų rinkose optimizmas išlieka (Stoxx Europe 600 +0,57 proc.; DAX 0,6 proc.), nors ir TVF atstovai vakar išvyko iš Briuselio taip ir nepasiekę susitarimo su Graikija. Jų teigimu, kreditoriai vis dar palieka atvirą kelią deryboms, Graikijos ministrui pirmininkui prižadėjus Vokietijai ir Pr...

The meeting of the European Union's (EU) Justice and Home Affairs Council next week should establish the number of refugees Lithuania will have to accept, Interior Minister Saulius Skvernelis says.

Lithuania's unwillingness to accept refugees that are flooding Southern European countries shows a lack of solidarity with other EU member states, Lithuanian EU Commissioner Vytenis Povilas Andriukaitis says.

120s: Interpellation against Defence Minister, Breakthrough in Greece talks, Ship drowns with 458 people, Mobile underground shelter from artillery attacks.

Lithuania's foreign policy is not without some ambivalence. Vilnius aspires to be a regional leader and set an example to other small countries, Lithuania demands to be treated as a respected full-fledged member of the European Union, NATO and the international community. Its own actions, however, d...

EU member states should be given the right to decide themselves whether to accept refugees from Greece and Italy and how may of them to accept, Lithuanian President Dalia Grybauskaitė says.

The European Commission on Wednesday suggested relocating up to 710 refugees to Lithuania in a move aimed at resolving the Mediterranean migrant crisis.

Greek Prime Minister Alexis Tsipras held "friendly and constructive" debt talks with the leaders of France and Germany Thursday, but gave no sign of a breakthrough ahead of a crucial June deadline.

120s: Failed promotion can lead to demotion for Gedvilas, Baltic states want permanent NATO brigade, Greece out of cash, How not to drive a howitzer.