Lithuanian president, five ministers to discuss EU budget for 2021-2027

  • 2020-01-15
  • BNS/TBT Staff

VILNIUS – Lithuanian President Gitanas Nauseda is meeting with five ministers on Wednesday to discuss negotiations on the European Union's new multiannual financial perspective for 2021-2027.

The meeting will be attended by Foreign Minister Linas Linkevicius, Environment Minister Kestutis Mazeika, Finance Minister Vilius Sapoka, Energy Minister Zygimantas Vaiciunas and Agriculture Minister Andrius Palionis.

The European Commission and EU member states will continue their budget negotiations this year and afterwards Lithuania will learn how much in EU structural support and funding for the decommissioning of the Ignalina nuclear power plant it will get and how much the country's farmers will be paid.

Payouts to Lithuania are likely to be lower, compared to the previous budget, due to Britain's withdrawal from the EU in late January.

Lithuania criticizes the budget bill that would see cohesion policy payments for the country to be reduced by around 27 percent. Moreover, Lithuania is not happy with the EC's proposal to increase direct payments for farmers from 181 to 204 euros per hectare of cultivated land by 2027.