This week, the European Commission has allocated an additional 48 million euros of EU funds from the Connecting Europe Facility (CEF) for the strategically important reconstruction of the last section of the Via Baltica highway from Marijampolė to the Polish border. Following the completion of this ...
EU funds
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The key question related to Lithuania's next year budget is what will be done with borrowed money and EU funds, says Ingrida Simonyte, leading the opposition conservative Homeland Union – Lithuanian Christian Democrats' candidate list in the parliament election.
Lithuania's Interior Minister Rita Tamasuniene has disqualified herself from any decision-making related to the distribution of EU funds for the Vilnius region where she resides.
Lithuania's government decided to change the existing rules for the accommodation of refugees in the country so that European funds could be used to improve their living conditions.
Lithuania's state and municipal budgets received 5.344 billion euros in revenue in January-June, 3.4 percent, or 174.1million euros, more than it was planned, the Finance Ministry said.
The Lithuanian government plans to allocate 4.5 million euros in financial support to residents who have installed small solar power plants. Applications will be accepted as of May, the Energy Ministry says.
The Lithuanian government's decision to divide the country into two separate regions to obtain more funds from the EU after 2020 may fail to bring the expected benefits, a senior European Commission official warned in an interview with BNS.
Lithuania has been too slow to absorb EU aid for the 2014-2020 financing period, which may decelerate economic and wage growth and result in losing a part of European support, the Finance Ministry has warned.