President Dalia Grybauskaitė

The President discussed new EU budget with Nordic and Baltic leaders


Thursday, November 22, Brussels - President Dalia Grybauskaitė discussed the issues of allocating the EU support for the upcoming seven-year period with the heads of state of Latvia, Estonia, Denmark, Sweden and Finland (NB6).

"We belong to the same region. We share a common goal - the wellbeing of our people. The EU's multiannual financial support is very important for more rapid economic growth and for the future of our people. We have to seek the fairest possible allocation of the EU budget that is compatible with the cohesion objectives and reduces the gap between the strongest and weaker European regions," the President said.

The President is negotiating the financial support of almost LTL 40 billion, which is similar to the support for the period 2007-2013. Dalia Grybauskaitė pointed out that for Lithuania it was essential to secure the financing of agriculture, under structural funds, and of the closure of the Ignalina nuclear power plant, therefore, the objective in the negotiations was to achieve that the overall level of support was in the best interest of our country.

Lithuania, Latvia and Estonia have a common position on the EU agricultural and structural support. All the three countries strive together that direct payments to the farmers reach the EU average more rapidly and that strict constraints for structural support are not applied to the Baltic countries.

According to the President, the Baltic States whose economy was most affected by the crisis and who receive the least support must be granted an exemption from strict constraints for structural support.

The President also highlighted the importance of the Connecting Europe Facility t for implementation of the projects ensuring our country's energy independence. This is a new financial instrument which was not foreseen in the former budget 2007 - 2013.

Dalia Grybauskaitė noted that Lithuania in negotiating the new financial framework would seek to ensure sufficient financial support for power interconnection projects of Lithuania and the whole region. To end energy isolation of the Baltic countries is a political goal of the entire EU, she said.

In allocating the EU funds, the President noted, it is necessary to assess objectively the country-specific situation, the impact of economic crisis, the effort in dealing with finances, and the capacity to assimilate the support and duly coordinate the interests of all 27 member states.

Press Service of the President

Last updated 2012.11.22 19:04