President of the Republic of Lithuania

Anti-crisis measures should meet the interests of all EU member states

2012-10-18


 Thursday, October 18, Brussels - President Dalia Grybauskaitė, currently attending the European Council meeting, together with leaders of other EU member states are discussing further measures to combat crisis in the euro zone and boost the EU's economic growth.

It is proposed to strengthen Europe's financial sector and control of the banks, entrusting their supervision to the European Central Bank, as well as to promote closer coordination of the economic policy.

"Lithuania supports all measures which will help Europe to recover more rapidly and overcome hardships effectively. However, Lithuania will not rush to join them as long as all details, rights and obligations of the EU member states are not known. Crisis management measures should meet the interests of all the EU countries," the President said.

Dalia Grybauskaitė underlined that no action or decision-making within the European Union should increase differences between euro area and non-euro area states or distort the principles of Europe's single market.

Press Service of the President

Last updated 2012.10.18 19:18

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