The Lithuanian cabinet of ministers on Thursday is to hold an extraordinary meeting over Greece's debt crisis.
Protestai Graikijoje
© Reuters/Scanpix

According to information on the government's website, the Cabinet will discuss financial assistance to Greece under the European Stability Mechanism (ESM) and a mandate to the European Commission to negotiate with Athens together with the European Central Bank and the International Monetary Fund.

The Cabinet will decide on financial support to Greece after the Lithuanian parliament's Committee on European Affairs states its opinion on this issue on Wednesday.

Thursday's meeting has been called by Transport and Communications Minister Rimantas Sinkevičius, who is standing in for Prime Minister Algirdas Butkevičius while he is on vacation. Neither of them could be reached by BNS for comment.

Finance Minister Rimantas Šadžius could not be reached either. The minister has said that the government's position is that Lithuania, as a eurozone member state, has to show solidarity, but assistance to Greece is conditional on it ensuring the implementation of reforms.

Greece's parliament is to pass the agreed austerity measures on Wednesday. Further negotiations with Athens on financial support under the ESM will have to be approved by the governments or parliaments of 18 other eurozone countries.

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

Seimas panel's draft findings call for changing LRT management structure

The Lithuanian parliament's ad hoc investigative commission scrutinizing the finances of the...

Tripartite Council fails to reach agreement on minimum wage

Lithuania's Tripartite Council , uniting the government, employers and trade unions, on Tuesday...

Seimas starts discussing dates for next year's elections

The Lithuanian parliament on Tuesday started discussions on draft resolutions setting the dates for...

Ruling party to name presidential candidate late this year or early next year

The Lithuanian Farmers and Greens Union (LVŽS) plans to name its presidential candidate late this...

MP Pavilionis won't run in Lithuanian conservatives' presidential primaries

Žygimantas Pavilionis , a lawmaker of the conservative Homeland Union–Lithuanian Christian...