Metinė prenumerata tik 6,99 Eur. Juodai geras pasiūlymas
Išbandyti
2012 09 27

Foreign Minister: Meeting Maastricht criteria is important for ensuring Lithuania's growth

Lithuanian Minister of Foreign Affairs Audronius Ažubalis has said that meeting the Maastricht criteria is important for Lithuania not only in terms of euro introduction but, above all, in order to ensure economic growth.
Audronius Ažubalis
Audronius Ažubalis / Juliaus Kalinsko / 15min nuotr.

The minister took part in a round-table discussion of the Foreign Policy Association's 2012 World Leadership Forum in New York and underlined the importance of a disciplined fiscal policy and energy security for the future of the European Union, the Lithuanian Ministry of Foreign Affairs said on Thursday.

"Lithuania seeks to meet the Maastricht criteria and implement a stringent fiscal policy," the minister said.

In his words, increasing cooperation of the so-called Nordic Bow countries in implementing responsible a fiscal policy could be a good example for other EU member states facing economic hardship.

Ažubalis said that euro stability is guaranteed by EU member sates' political determination to ensure implementation of euro stability control mechanisms.

The Lithuanian foreign minister also underlined that the elimination of the region's energy isolation is important for stepping up growth of the Baltic states.

"The implementation of strategic energy projects, including the construction of an LNG terminal, new nuclear power plant, and power and gas links with the EU, is the key priority of the Lithuanian government," Ažubalis said.

Report mistake

Successfully sent

Thank you

Economy

Lithuanian producers of EPS on the way to circular economy
Gilužio Rivjera by the real estate company Homa – hundreds of apartments and millions in investment
Capitalica fund successfully issued bonds amounting to EUR 5 million to finance the Verde project in Riga

Feature

State Progress Strategy 'Lithuania 2050': will Lithuania become the 'Silicon Valley' of social enterprise?
Citus Experts: Planning to Furbish or Brush Up your Home Interior? Get Ready for a Brutal Run
How do the country's most desirable employers nurture IT talents?

Opinion

Ramūnas Vilpišauskas. The president’s achievements in Brussels were modest
Laurynas Jonavičius. Will the new German government’s foreign policy coincide with Lithuanian interests?
Eastern Partnership ‘beyond westlessness’: a new momentum for the European integration

Politics

Taiwanese Minister Ming-hsin Kung – about Lithuania’s strengths and the two countries’ looming plans
The double standards of “values-based policy”: Lithuania did not join the condemnation of Turkey
Behind the scenes of ambassadorial appointments: Seimas looking for clarification on continuing questioning at the Presidential Palace