THE VOICE OF INTERNATIONAL LITHUANIA
|
VilNews has its own Google archive! Type a word in the above search box to find any article.
You can also follow us on Facebook. We have two different pages. Click to open and join.
 Click on the buttons to open and read each of VilNews' 18 sub-sections  |
|
Ingrida Šimonytė, Minister of Finance.
Lithuania sees no need at the moment to appeal for international financial aid after it decided to take over one of the country's leading banks, Finance Minister Ingrida Simonyte said on Wednesday.
The government earlier decided to take over Snoras Bank, the fifth-largest by assets, but with one of the biggest retail networks in the country.
"We are doing everything so that we will not need assistance," Simonyte told Reuters when asked whether her country would have to follow neighbouring Latvia, which took a bailout from the IMF and EU in late 2008 after bank problems.
- Bookmark :
- Digg
- del.icio.us
- Stumbleupon
- Redit it
VilNews e-magazine is published in Vilnius, Lithuania. Editor-in-Chief: Mr. Aage Myhre. Inquires to the editors: editor@VilNews.com.
Code of Ethics: See Section 2 – about VilNews. VilNews is not responsible for content on external links/web pages.
HOW TO ADVERTISE IN VILNEWS.
All content is copyrighted © 2011. UAB ‘VilNews’.