Lithuania's Finance Minister Vilius Šapoka will be in Brussels on Monday and Tuesday to attend meetings of the Economic and Financial Affairs Council (Ecofin) of the euro group and the European Union (EU).
Vilius Šapoka
© DELFI / Orestas Gurevičius

The Dec. 4-5 meetings in Brussels will address draft national budgets of countries of the euro area, issues of the Greece program and tax burdens on labour force.

The euro group meeting will elect a new chairman, while representatives of the European Union will also address deepening of the Economic Monetary Union (EMU) and completion of the banking union.

Ecofin will address strengthening of the banking union, hearing a progress report about the European deposit insurance system, discussing risk reduction measures and the progress in the action plan regarding bad loans.

The Ecofin council is planned approve conclusions on the list of jurisdictions that refuse to cooperate with the EU on taxes, also exchanging opinions on the implementation of the 2018 European semester.

BNS
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

Lithuanian president to present Pope Francis with Freedom Bell

President Dalia Grybauskaitė will on Saturday present Pope Francis with a smaller replica of the...

World awaits if pope touches upon sexual abuse scandal during Lithuanian visit

The world will have its eyes set on the pope visiting Lithuania this weekend to see if he will touch...

Pope Francis plans to honor freedom fight victims, provide hope

Pope Francis says he will pay respect to freedom fight victims during his upcoming visit to the...

Lithuanian president calls for avoiding chaotic Brexit

Attending an informal meeting of EU leaders on Thursday, Lithuanian President Dalia Grybauskaitė...

Lithuania proposes to create single set of external border standards in EU

President Dalia Grybauskaitė presented Lithuania's initiative to introduce a single set of external...