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Global Banking and Finance Review

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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Headlines

    Lithuania cuts Russian power grid ties as Baltics prepare to link with EU

    Lithuania cuts Russian power grid ties as Baltics prepare to link with EU

    Published by Global Banking and Finance Review

    Posted on February 8, 2025

    Featured image for article about Headlines

    VILNIUS (Reuters) - Lithuania said on Saturday it had disconnected its electricity system from Russia's power grid, part of a plan which the three Baltic states say will integrate them more closely with the European Union and boost security.

    Latvia and Estonia are expected to follow suit by 0700 GMT on Saturday and, subject to last-minute tests, the three countries will synchronise with the EU's grid on Sunday after operating on their own in the meantime.

    (Reporting by Andrius Sytas, editing by Terje Solsvik)

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