Recent press coverage on comments by Lithuanian Finance Minister Ingrida Simonyte that the interruption of EU cohesion policy payments by the European Commission (EC) to Lithuania is politically motivated and tactical are both misleading and incorrect, the EC said in a press release. In keeping with its high standards of financial auditing and control, the Commission has decided that payments should be interrupted for certain Lithuanian programs as they have presented an error rate of 4.4 percent, which is higher than the “acceptable” rate of 2 percent. While the Lithuanian a...
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