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. […]

Antanas Guoga
Economy

MEP Antanas Guoga: Before regulating any new technology first, we need to educate about it

Today, 03th of October, European Parliament voted in favour of the motion for a resolution on distributed ledger technologies and blockchains: building trust with disintermediation. All political group members supported the resolution, which sends a positive message that politicians see this technology as benefiting Europe, a press release from MEP Antanas Guoga‘s office states. […]

Giedrius Surplys
European Union

Agrimin sees gradual increase in direct payments to farmers as realistic

As Lithuania seeks that direct payments to its farmers reach the EU-wide average level after 2020, Agriculture Minister Giedrius Surplys sees a gradual increase in these payments as realistic. […]