President of the Republic of Lithuania

Economic Revival Plan 2020 – challenge for all EU Member States

2010-03-25
Thursday, March 25, Brussels - President of the Republic of Lithuania Dalia Grybauskaitė met with the heads of the Baltic and Nordic states and governments (NB6) while on a working visit in Brussels. They discussed the main issues on the agenda of the European Council meeting and the prospects for a long-term economic development of the EU.

President Dalia Grybauskaitė underlined that elimination of barriers to economic growth was of utmost importance, mentioning the fragmentation of the EU's energy market as one of the major barriers. According to the President, Lithuania is also committed to tackle the problem of poverty and plans to do this by creating new jobs.

"This European Council meeting is very important for Lithuania as it is dedicated to discussions on the European Union's economic revival strategy towards 2020. On the basis of this strategy, Lithuania will have to develop its own national plan. Heated discussions are going on in Lithuania on our key targets such as reduction of poverty, economic growth, growth of employment, innovation, and decisions to be adopted by the European Council will therefore be very important for us as we develop our national action plan," President Grybauskaitė said.

According to the President, the European Council will discuss climate change issues and the financial burden to be accepted by every Member State, including Lithuania. It will also discuss possibilities to provide support to crisis-stricken Greece.

"Greece is in difficulty that Latvia, Estonia, and, very worthily, Lithuania have coped with. By joining the euro-zone, Greece has assumed huge commitments to pursue prudent fiscal and monetary policy. Now, in a heavy economic trouble, the country must take responsible, not populist, financial decisions, focus on possible solutions and only then expect assistance from other countries," the President said.

The heads of the six Baltic and Nordic states, Denmark, Sweden, Finland, Estonia, Latvia, and Lithuania, traditionally meet before every European Summit in Brussels. Their goal is to consolidate Nordic-Baltic cooperation, inform each other on their stand on the key policies of the EU, and discuss issues affecting the Baltic Sea region.

As part of her visit to Brussels, President Dalia Grybauskaitė also met with Algirdas Šemeta, the European Commissioner responsible for the EU Taxation and Customs Union delegated by Lithuania. Later today, the President will attend the First Session of the European Council meeting.
Press Service of the President

Last updated 2010.03.25 15:43

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