Focus on Energy and Finance in the Meeting of Nordic and Baltic Prime Ministers

Published: 16 October 2008 y., Thursday

kirkilas

In Brussels, Prime Minister Gediminas Kirkilas participated in the meeting of Nordic and Baltic (NB6) Prime Ministers which focused on the pressing topics on the agenda of the European Council: global finance crisis, energy, climate change, EU-Russia relations, and financial situation in Iceland.


Prime Minister G. Kirkilas expressed thanks to the Nordic and Baltic Heads of Government as well as the President of the European Commission for the support in addressing the energy security issues of Lithuanian and the whole Baltic Sea Region during the working dinner.

The Head of the Lithuanian Government emphasised that the Baltic power grid interconnection plan backed by the European Commission was a positive and timely decision contributing to the enhancement of Lithuania’s energy security.


According to Prime Minister G. Kirkilas, Lithuania hopes that the EU is aware that the shutdown of the Ignalina NPP will be followed by a critical period with the absence of real projects in progress. Dependency on energy resources from a sole provider and subsequent political and economic risks are not acceptable to Lithuania.


The Lithuanian Prime Minister welcomed the efforts of the current French Presidency to tackle the financial crisis issues in a solidary way and was confident that the same solidarity would be in place while dealing with energy security issues.


Referring to EU-Russia relations, G. Kirkilas underscored that there was no need to hurry into the Partnership and Cooperation Agreement (PCA) as long as Russia had not withdrawn its troops from Georgia.


The Lithuanian Prime Minister also drew attention to the financial crisis in Iceland and invited the Nordic and Baltic Prime Ministers to find ways of offering help to the country.

Šaltinis: lrv.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EBRD makes equity investment in Croatian geodetic company

The EBRD is making a €4 million equity investment in Geofoto, a Croatian geodetic company offering mapping, geodetic survey, photogrammetry, geoinformatics and aerial survey services, to support its drive to expand operations on international level. more »

Strong year - risk-adjusted profit up 22%

Nordea came out of 2009 in an even stronger position, despite one of the most challenging years for decades. Risk-adjusted profit increased 22% and our capital position and cost of funding are among the best in Europe. more »

Small business start-ups by the unemployed: deal agreed on funding

MEPs gave the green light on Thursday for EU funding to help Europe's unemployed start up small businesses. more »

Yemen: international efforts needed to prevent crisis escalation

MEPs are deeply concerned about the long-standing and growing presence of al-Qaeda, and the deteriorating security, social and economic problems in Yemen, which they think could destabilise neighbouring countries. more »

Africa: Fighting the Global Economic Crisis through Private Enterprise, Innovation and Integration

At the start of a new decade, Sub Saharan Africa is reeling from the effects of three major global crises – food, fuel and financial – that have reversed many of the economic achievements of the last 10 years and left some growth projections at levels below those of 30 years ago. more »

5th High-level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area

The 5th High-level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area was jointly organised by the European Central Bank and the Reserve Bank of Australia, in cooperation with the Hong Kong Monetary Authority. more »

EBRD and EFSE support micro and small businesses in Moldova

The EBRD and European Fund for Southeast Europe are boosting the availability of financing to private businesses in Moldova with a $10 million loan to ProCredit Bank in Moldova for on-lending to micro and small enterprises. more »

EBRD finances new shopping centre in Croatia

The EBRD is supporting the development of the retail infrastructure in Croatia with a €68 million loan to finance the construction of a modern shopping centre in Split, the second largest city in Croatia. more »

EBRD agrees to sell 15 percent stake in Swedbank’s Russian banking arm

The European Bank for Reconstruction and Development has agreed to sell its 15 percent stake in OAO Swedbank Russia to its parent and major stakeholder, Sweden’s Swedbank AB, a move which would give it full ownership of its Russian subsidiary. more »

Ministers of Industry agree that the European Commission should promote a common strategy on electric cars

The Ministers of Industry took the first steps in San Sebastián today to make the electric vehicle a reality in Europe and agreed that European institutions, with the EC at the head, should lead a common strategy on electric vehicles. more »