Last week, Revolut Bank got green light to raise capital, 460 new COVID-19 cases, one death reported on Wednesday
Bankrupt bank Snoras to recover 105 million euros from Switzerland’s Julius Baer
The insolvency administrator of Lithuania’s bankrupt bank Snoras and Swiss bank Julius Baer & Co. Ltd have amicably settled a legal dispute over the financial transactions made by Snoras’ former executives and shareholders when they transferred large amounts of money to foreign banks. Under the signed agreement, Julius Baer & Co Ltd will pay 105 million euros to Snoras, the bank said on Friday, 1 July. Gintaras Adomonis, Snoras’ administrator, says the amicable agreement marks the end of a very important stage in the former bank’s bankruptcy process.
Border guards turn six irregular migrants away on border with Belarus
Lithuanian border guards turned away over Thursday, June 30, six migrants attempting to cross into the country from Belarus illegally, the State Border Guard Service (SBGS) said on Friday, 1 July. Lithuanian border guards have sent more than 10 300 people back to Belarus since last August, when they were given the right to deny entry to irregular migrants. However, the number includes repeated attempts by the same people to cross the border. Almost 4 200 irregular migrants crossed into Lithuania from Belarus illegally last year.
President met with Spanish King Felipe VI
Lithuanian President Gitanas Nausėda met with Spanish King Felipe VI on Thursday, 30 June, as the president attended the NATO summit in Madrid, the presidential press service said. The meeting focused on bilateral relations between Lithuania and Spain and the prospects for their development, as well as Russia’s military aggression in Ukraine and its implications for the security in Europe. The Lithuanian president thanked Spain for its consistent contribution to strengthening the security of L ..
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