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2016.10.26 11:30
Finmin calls on new Govt not to make draft 2017 budget worse
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After the European Commission has asked for clarification from Lithuania over its draft 2017 budget, Finance Minister Rasa Budbergytė says that the EU's executive body wants additional information regarding the government's request for a higher deficit due to the so-called social model. The Finance Ministry says, meanwhile, that the Commission does not request additional explanations and does not comment on the draft budget sent to it on October 17, but only reminds the country that its new government, once formed, will have to submit an updated daft budget.