French President François Hollande's proposal to establish a parliament and a government for the euro area is "just an idea without any specific propositions," therefore is cannot be either rejected or approved so far, says Lithuania's Foreign Minister Linas Linkevičius.
François Hollande
© Reuters/Scanpix

"The idea cannot be rejected or approved immediately. It is just an idea, which has not been made more specific. If we will need to revise European agreements, this has to be done in a cautious and responsible manner in order to keep the EU unity. Furthermore, we have to take account of the existing mechanisms and make use of what we have now to make it efficient. Then we will see how much we need something extra," Linkevičius told BNS.

In his words, officials of the eurozone countries have not yet given their opinions about the proposal, which is "viewed as preliminary ideas without very specific propositions".

Two weeks ago, Hollande presented his vision of the eurozone in the wake of the Greek crisis, saying that the 19-member euro area should set up its parliament and government and have a shared budget. Currently, issues of the eurozone are addressed by finance ministers of the member-states. In the French president's words, the eurozone needs a new governance model, as national parliaments are too removed from decision-making, which makes ordinary citizens feel like they have little say.

It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

European Commission's proposal on direct payments to Lithuanian farmers "unacceptable": President Grybauskaitė

Lithuanian President Dalia Grybauskaitė said on Monday the European Commission 's proposals on...

Seimas discussed the future of the EU

At its siting, the Seimas held a discussion on the future of the European Union (EU), including the...

Lithuanian farmers to protest in Brussels over direct payments, equal treatment

Lithuanian farmers are to attend a protest in Brussels in December requiring higher direct payments...

Agreement on EU's next multiannual budget before mid-2019 tough to achieve: Lithuanian diplomat to EU

The European Union is facing tense negotiations on its next multiannual budget, and the goal to...

Lithuania should use InvestEU opportunities, Katainen says

As the European Commission proposes cutting cohesion support to Lithuania by almost a quarter as of...