Former Lithuanian President Grybauskaite: EU needs Merkel's fiscal integration or will start disintegrating

  • 2020-05-28
  • BNS/TBT Staff
German Chancellor Angela Merkel's proposed fund to support coronavirus-hit Southern European countries will help to avoid the European Union's disintegration and will mitigate the economic crisis, ex-Lithuanian President Dalia Grybauskaite says. The former head of state is calling on the Lithuanian government to back the German-French proposal for the European Commission to raise money for the fund by borrowing on the markets, linking the fund with the EU's multiannual budget. "The benefit is geopolitical and strategic. The crisis has s...
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