Remigijus Šimašius

Vilnius mayor says he reduced city’s debt by EUR 8.6m in 100 days

Liberal Remigijus Šimašius, who has been serving as the mayor of Vilnius for 100 days, says that he managed to reduce the city’s debt by 2.4 percent or EUR 8.6 million in the period from late April to early July. […]


Open letter to anti-Greek Eastern European bloc

Economist Dr.Zoltan Pogatsa believes that the Eurozone states of the former Eastern bloc have been duped by the major powers into firmly opposing Greece. They are being led to believe that Athens is damaging to their economies. It’s all a deception, the Hungarian professional of political economy argues, as Eastern Eurozone members’ money never actually went to Greece, but to Brussels, in order to support the euro. […]

Dimitris Papanikolaou
European Union

Syriza member in Vilnius: Workers’ rights are the biggest loss in Greek debt crisis

Europeans are starting to realize how sombre the situation is for the Greek people and sympathize with their plight, says Dimitris Papanikolaou, academic from Oxford University. The austerity measures imposed on Greece have done little to get the country out of debt and a lot to dismantle welfare provisions and workers’ rights. The fight to prevent this, he says, is not Greece’s alone – the Europe we joined is a Europe that ensures the minimum of dignified life for everyone. […]

Dalia Grybauskaitė
European Union

Lithuanian president says eurozone leaders still far from deal with Greece

Lithuanian President Dalia Grybauskaitė says that the Greek government still does not understand what may happen to the state if its authorities do not take responsibility for their actions and that the eurozone’s leaders are still “far away from” a deal with Greece to resolve the debt crisis. […]

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Lithuania’s government debt among lowest in EU

At the end of 2013, Lithuania’s government debt to GDP was one of the lowest in the European Union and stood at 39 percent, Eurostat reports. […]