Lithuanian finmin says not sure about benefit of common eurozone budget

“We support the wish of Germany and France to strengthen competitiveness, convergence, stability and investment in innovation. However, we are not convinced of the benefit of creating a separate eurozone budget as proposed by these countries,” Šapoka told BNS in a comment.

“What is important to the European Union is important for the eurozone as well, and vice versa. Therefore, there should be no divide in this. All the more so because sources of funding will have to be found for each new budget,” he said.

The minister believes that the eurozone budget proposal should be seen in the context of talks on the bloc’s multiannual budget.

Related Post

“The proposal by these two countries has to be viewed in the overall context of negotiations on the new Multiannual Financial Framework, and to increase the attractiveness of the eurozone, all member states have to be involved in discussions,” Šapoka said.

“When discussing the eurozone budget, the key issues are its objective, value-added and sources of funding,” he added.

Share

Recent Posts

  • Tribune

Historical novel by Kazakh writer Ermek Tursunov “Mamluk”in Lithuanian language presented in Vilnius

On the eve of the Independence Day of the Republic of Kazakhstan, on December 13,…

3 days ago
  • Foreign affairs

After Nausėda meeting with Budrys, the opposition retorts to the candidate’s “cooling off “

Kęstutis Budrys, the President's Senior Adviser, who has been nominated for the post of Minister…

1 month ago
  • Tribune

Rediscover Bulgaria’s Ancient Heritage: Plovdiv’s Restored Eastern Gate and Nebet Tepe

In the heart of Bulgaria, the city of Plovdiv reveals a rich tapestry of ancient…

1 month ago
  • Foreign affairs

“No need to mince words”: an assessment of what Trump’s victory means for Lithuania

"We can shout very loudly, but it won't change the position of the American people,"…

2 months ago
  • Latest

Lies, disrespect and mockery: experts assess Blinkevičiūtė’s “gift” to voters without scruples

From mocking messages flooding social networks to harsh criticism from political experts, the decision of…

2 months ago
  • Foreign affairs

Another year in the sovereign history of Kazakhstan

Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…

2 months ago