Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    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.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Lithuania airport shuts for a second time on Wednesday over balloons
    Finance

    Lithuania airport shuts for a second time on Wednesday over balloons

    Published by Global Banking and Finance Review

    Posted on December 3, 2025

    1 min read

    Last updated: January 20, 2026

    Image depicting the founders of The Entertainer, Gary and Catherine Grant, announcing the transition of their toy retailer to employee ownership, emphasizing the significance of this move in the finance sector.
    Founders of The Entertainer toy chain hand over control to workers - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Transportation Sectorfinancial stabilityrisk managementInternational tradeEconomic Planning

    Quick Summary

    Vilnius airport in Lithuania closed again due to balloons in its airspace, linked to smuggling from Belarus. This marks over 10 closures since October.

    Lithuania Airport Closure: Balloons Disrupt Flights Again

    VILNIUS, Dec 3 (Reuters) - Lithuania's Vilnius airport suspended flights for a second time on Wednesday due to suspected balloons in its airspace, the operator said in a statement, the latest in a string of such incidents in recent months.

    Lithuania says balloons are sent by smugglers transporting cigarettes from Belarus, but also blames Belarusian President Alexander Lukashenko, a close ally of Russian President Vladimir Putin, for not stopping what it calls a form of "hybrid attack".

    Lukashenko has accused the West of fighting a hybrid war against Belarus and Russia.

    The Vilnius airport, located some 30 kilometres (19 miles) from Belarus, has been closed more than 10 times since early October as a result of similar incidents.

    (Reporting by Andrius Sytas; writing by Simon Johnson; editing by Gareth Jones, Leslie Adler and Terje Solsvik)

    Key Takeaways

    • •Vilnius airport closed due to suspected balloons.
    • •Incidents linked to cigarette smuggling from Belarus.
    • •Lithuania blames Belarus for hybrid attacks.
    • •Airport closures have occurred over 10 times since October.
    • •Lukashenko accuses the West of hybrid warfare.

    Frequently Asked Questions about Lithuania airport shuts for a second time on Wednesday over balloons

    1What is financial stability?

    Financial stability refers to a condition where the financial system operates effectively, maintaining confidence in the economy and preventing crises.

    2What is risk management?

    Risk management involves identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability of unfortunate events.

    More from Finance

    Explore more articles in the Finance category

    Image for Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
    Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
    Image for Google Cloud, Liberty Global strike five-year AI partnership
    Google Cloud, Liberty Global strike five-year AI partnership
    Image for EU proposals set to limit EV sales from 2035, says campaign group
    EU proposals set to limit EV sales from 2035, says campaign group
    Image for Metals, crude oil dive in broad commodities market tumble
    Metals, crude oil dive in broad commodities market tumble
    Image for Trading Day: Solid data over hard assets
    Trading Day: Solid data over hard assets
    Image for Exclusive-OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources say
    Exclusive-OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources say
    Image for Crypto market volatility triggers $2.5 billion in bitcoin liquidations
    Crypto market volatility triggers $2.5 billion in bitcoin liquidations
    Image for Germany's ProSiebenSat.1 Media reports lower revenue for 2025
    Germany's ProSiebenSat.1 Media reports lower revenue for 2025
    Image for Germany's BayWa in talks with financiers and shareholders on possible changes to restructuring process
    Germany's BayWa in talks with financiers and shareholders on possible changes to restructuring process
    Image for Swiss National Bank Chairman says current situation not easy for policy
    Swiss National Bank Chairman says current situation not easy for policy
    Image for Recycling body opposes EU scrap aluminium export curbs
    Recycling body opposes EU scrap aluminium export curbs
    Image for Czech leader urges EU to overhaul carbon trading schemes to curb energy costs
    Czech leader urges EU to overhaul carbon trading schemes to curb energy costs
    View All Finance Posts
    Previous Finance PostSpain won't use bulk of EU recovery fund loans as economy growing fast, minister says
    Next Finance PostHSBC's long-term vision questioned after Nelson appointment