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Išbandyti
2013 02 04

Lithuanian President: I don’t think there's euro crisis at all

Lithuanian President Dalia Grybauskaitė does not believe there is a euro crisis in Europe and says it's all down to an economic and political government crisis, decision-making problems, and irresponsible behavior of some member states.
Lietuvos prezidentė Dalia Grybauskaitė
Dalia Grybauskaitė / Andriaus Ufarto/BFL nuotr.

"What I cannot accept easily is that we say 'a euro crisis'. I don’t think it's a euro crisis at all. Because there are also problems in some member states in our union which do not have the euro at all. It's an economic and political government crisis we are talking about. And if we are talking about instruments which already are introduced together with the euro decades ago, we have a lot of instruments including the Stability and Growth Pact. And if we had used them, we would have never been in the stage some European members are today," Grybauskaitė said at the Munich Security Conference on Friday.

In her opinion, decisions of some countries are overdue and insufficient and instead of accepting responsibility, these countries blame others.

"It's very useful and comfortable to have some horizontal support of European institutions because if you are failing in your local politics, it's very easy to say European institutions are guilty," the Lithuanian president said.

"So it's not about the euro crisis, it's about Europe's lack of a decision-making process, a lack of efficiency of this decision-making process and irresponsible behavior sometimes in some period of time in some member states. So I support very much the strict position of Germany requesting not only to present solidarity but requesting to do their homework from member states. So I am saying that we will manage everything if we have enough will and if we do it together," Grybauskaitė said.

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