Maximus
Barcelona city tours is a perfect opportunity to have a perfect vacation outside the Baltic States. Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Lithuania spends all allocated funds

Feb 10, 2014
From wire reports, VILNIUS

According to Lithuania’s Ministry of Finance data, almost all of the EU structural support funds allocated to Lithuania for the 2007-2013 period have been disbursed, reports ELTA. Lithuania remains in the top three of EU countries in terms of supports funds absorbed.

For 2007-2013, more than 23 billion litas (6.7 billion euros) were allocated to Lithuania from the EU structural funds. According to the latest data, 99.3 percent of the amount has been absorbed.

Minister of Finance Rimantas Sadzius said that the rate of funding use remains very high and that he had no doubts that Lithuania will disburse and effectively use all of the support by the deadline.

Currently, 8,100 projects are being implemented in Lithuania, partially financed by the 2007-2013 EU structural funds. Their total value is around 30.5 billion litas. EU funds constitute 23.2 billion litas of the amount; project operators were paid around 17.5 billion litas.

Implementation of more than 4,600 projects financed from 2007-2013 EU structural funds has already been completed. They are valued at 11.1 billion litas.

 MORE NEWS
  • VIDEO: KGB, Torture and Soviet...
    A new NATO video looks inside the KGB prison where Latvians were locked up, tortur...
  • Russia denies claims military ...
    Russia has denied claims one of its jets violated Estonian airspace earlier this w...
  • Top travel site names Lithuani...
    Lithuania has been named a top travel destination in 2015 by leading travel websit...
  • Baltic leaders set for top rol...
    The European Parliament on Wednesday voted in favor of Jean-Claude Juncker'...
  • Estonia pioneers e-residence s...
    Estonia will issue identity cards allowing access to its digital services to pe...
  • EU upholds sanctions against R...
    The EU has agreed to furthering sanctions against Russia amid the crisis in the...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.