Petras Auštrevičius
European Union

Who will have a casting vote at the newly elected European Parliament?

There is no clear answer to this question, and this happens probably for the first time in the entire history of the European Parliament elections. For the first time since 1979, the alliance of the […]

European Union

Finance Minister calls for EU-wide anti-money laundering system

Xinhua Lithuania’s Finance Minister Vilius Šapoka called on the eurozone and the European Union to establish a single anti-money laundering system after a money laundering scandal hit the Swedish banking group Swedbank on February 20. […]

Dalia Grybauskaitė
Economy

D. Grybauskaitė: the EU will owe us

Lithuanian farmers will not receive the sort of direct grants from the EU as were promised already in 2013. “This means that the EU will owe us,” Lithuanian President Dalia Grybauskaitė told LRT Radio before departing to negotiations on the EU’s new budget. However, the situation could be even worse. According to the president, if the UK will not depart the EU as planned due to political chaos, the budget, which does not satisfy Lithuania already, will decline even further. […]

No Picture
Economy

Lithuania should use InvestEU opportunities, Katainen says

As the European Commission proposes cutting cohesion support to Lithuania by almost a quarter as of 2020, InvestEU, a fund being set up by the EU, might become a financial alternative after it will replace the European Fund for Strategic Investment (EFSI), also called the Juncker Plan, which has operated since 2015. […]