EU Commission: Lithuania's budget at risk of exceeding deficit targets
Tuesday, November 17, 2015
The European Commission published its assessment of budgetary plans submitted to it by eurozone countries. Commenting on Lithuania's 2016 national budget draft, the EC says it strays too much from fiscal discipline targets and that Lithuania might fail to keep structural deficit below 1 percent of GDP. Lithuania's prime minister has responded that the government is not planning to revise the budget.