President Dalia Grybauskaitė doubts that Lithuania will receive tens of millions of euros in aid from the European Commission for its milk producers hit by low milk prices and Russia's ban on EU food imports.
Milk
© Shutterstock nuotr.

"No doubt, certain aid will be provided to all countries, depending on the extent they are affected. (It is difficult) to speak about concrete amounts. As to the amount you mentioned (50 million euros), it does not seem likely to me," she told reporters on Monday.

Grybauskaitė said that all EU member states need support as a decline in the milk sector is a common problem.

"We are faced with a decline in global demand because of a slowdown in such major economies as China, Russia and others. So this is a common problem. No doubt, the European Union and the European Commission will deal with the problems experienced by Lithuania and other EU countries," she said.

Įvertink šį straipnį
Norėdami tobulėti, suteikiame jums galimybę įvertinti skaitomą DELFI turinį.
  • 1
  • 2
  • 3
  • 4
  • 5
(0 žmonių įvertino)
0
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Wellness start-up Urban establishes development office in Lithuania

Urban was founded in 2014 by Jack Tang and Giles Williams to provide easy and affordable access to...

Profits in Lithuanian banking sector highest since 2007 (1)

Lithuanian banks and branches of foreign banks in Lithuania earned almost 358 million euros (406...

Alternative lending in Baltics is taking market share from traditional banks and credit unions

In the ever-growing European alternative finance market, Lithuania - together with other Baltic...

Global supplier to mobility industry to open shared service centre in Lithuania

Dana Incorporated, a world leader in highly engineered solutions for improving the efficiency,...

Lithuanian organizations join forces to manage fintech risks

Nine Lithuanian entities agreed on Monday to cooperate in managing risks in the financial technology...