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Central European Financial Observer > Baltics > Lithuania

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Lithuania 

(JoachimKohlerBremen, CC BY-SA)
0
23.04.2018

The Basel III banking reform has been completed

With a delay of almost a year, the Basel Committee on Banking Supervision (BCBS) finally issued the last part of regulations aimed at completing the reform of prudential rules initiated after the outbreak of the global crisis.

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13.04.2018

Infrastructure, ecology and enterprise development as the major drivers of growth

The European Bank for Reconstruction and Development believes that economies should search for a new model of growth that goes beyond the imitation and import of technologies. EBRD indicates three areas where new sources of growth should be sought.

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(Nord Stream 2, Public domain)
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12.04.2018

The future of Nord Stream 2 is still unknown

Seven German MEPs across the political spectrum called on the German government to clarify its position on the politically contentious planned Nord Stream 2 gas pipeline linking Russian natural gas sources with German consumers.

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(Elsa Hammond, CC BY-NC)
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10.04.2018

Lithuanian central bank introduces blockchain technology

The Lithuanian central bank has initiated a regulatory sandbox for start-ups that use blockchain technology. Bank of Lithuania will set up a dedicated platform through which companies may develop their services.

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09.04.2018

European stress tests – the markets could deal with a blow to the economy

The European Banking Authority has announced the launch of stress tests of the banking sector in the European Union. The exercise will involve 48 banks, including PKO BP and Pekao SA from Poland.

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20.03.2018

Unemployment is falling, but job security is not increasing

The percentage of employees without the certainty of continued employment, because their contracts are concluded for a period of no more than three months, turns out to be resistant to positive changes in the economic situation.

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(401(K) 2012, CC BY-SA)
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15.03.2018

MREL will be a challenge for banks and regulators

MREL is a key instrument enabling the liquidation of banks without threatening the stability of the financial system, are now close to conclusion. The work on regulations is now close to the end.

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(Diogo Valério, CC BY)
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08.03.2018

We should buy gas in Romania and electricity in Bulgaria

Consumers in Poland pay 29 per cent less for natural gas and electricity than the average in the European Union. These differences, however, are decreasing.

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(Christoph Scholz, CC BY-SA)
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01.03.2018

Cash isn’t going anywhere anytime soon

According to a study conducted by the ECB, nearly 80 per cent of transactions in the Eurozone are carried out in cash, despite the rapid development of electronic payments.

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01.02.2018

Baltic and North Sea Rivalry

Estonia was urged to reinforce regional cooperation in offshore power generation and stimulate Baltic wind power cooperation as the North Sea wind power forges ahead.

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