EU’s Oettinger promises to back Lithuania on Ignalina N-plant closure funding

Oettinger said after meeting with members of the parliament’s Committee on European Affairs in Vilnius on Thursday that the European Commission is now calculating how much funds Lithuania will need for the decommissioning of the plant.

“For the moment, we are checking the situation and we have more and more clarity (about what) amount of money investment is needed. I am willing to develop an own funding line in the MFF (multiannual financial framework). I need the backing of my colleagues, I need the backing of the European Parliament and the council,” the commissioner told reporters.

“But be sure that there will be a fair partnership, because we know that is not fair and not feasible for Lithuania and its budget to stand alone this amount of money,” Oettinger said.

Related Post

“I can assure (you that funding will be provided), but some money is not enough. It is a high amount of money. I am willing to do my best to support Lithuania in a fair and constructive manner,” he added.

In line with its EU accession commitments, Lithuania shut down the first unit of the Soviet-era facility, which was considered unsafe by the West, in late 2004 and closed the second unit at the end of 2009. It was planned in 2011 that the decommissioning would be completed by 2029, but the deadline was later extended to 2038.

Share

Recent Posts

  • Culture

Lens on Movement: Ukrainian and Lithuanian Photos at Luxembourg’s European Mobility Week

Celebrating the European Mobility Week (16-22 September), the City of Bissen in Luxembourg will present…

3 days ago
  • Economy

Lithuanians will have to open their wallets even wider: goods and services will become more expensive

According to TV3.lt, Swedbank economists raise their GDP growth forecast for Lithuania and believe the…

1 week ago
  • Economy

Janulevičius. Lithuania’s economy looks better than Estonia’s or Latvia’s, but we shouldn’t be happy about it

From Q1 2022 onwards, Estonia has been in a prolonged recession. Yes, we also had…

2 weeks ago
  • Tribune

EMBank’s earnings for the first half of 2024 have increased by over 50%

European Merchant Bank (EMBank), a provider of financial solutions to small and medium-sized businesses, has…

2 weeks ago
  • Latest

Resorting to anger when it should be apologising: experts on Gabrielius Landsbergis

As the debate on the Landsbergis' assets continues in the public sphere, political analysts are…

2 weeks ago
  • Economy

Preliminary housing purchase contract – what not to be afraid of and what to check before signing

A preliminary contract is usually signed when buying a new dwelling directly from the developer…

1 month ago