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Saturday, 23.05.2015, 07:13
During her meeting with Arunas Dulkys, the new head of the National Audit Office, Lithuanian President Dalia Grybauskaite stressed the need to ensure transparency in the use of the state budget funds and the European Union's (EU) funds, audits of public institutions, assessment of fiscal policy, and control of Lithuania's budget policy, reports LETA/ELTA.
Keyword tags: EU – Baltic States, Financial Services, Funds, Legislation, Lithuania
Lithuania's Government has approved the Interior Ministry's suggestions, which would allow saving EUR 2.7 billion from the European Union's (EU) funds, which otherwise would be lost, reports LETA/ELTA.
The Estonian government has approved and sent to the Riigikogu amendments to the investment funds law, which enable pension funds to invest more in Estonian businesses, finance ministry announced LETA.
The European Commission approved 22 new multiannual national programs under the Asylum, Migration and Integration Fund (AMIF) and the Internal Security Fund (ISF) for the period 2014-20, worth together approximately €1.8 billion; additional 36 national programs will be approved later this year. These two EU funds will support member states' efforts in the fields of asylum, migration, integration and internal security.
Companies will have access to EUR 80 million for modernization purposes as part of the European Union's (EU) funding program for the period until 2020, the Economy Ministry informed LETA.
In 2014, Latvia absorbed EUR 13.5 million available from the European Union's structural and cohesion funds for the 2014-2020 period, but this year the amount could exceed EUR 100 million, according to the Finance Ministry's estimates, cites LETA.
On Monday, 16 March 2015, Prime Minister Algirdas Butkevicius met with Rasa Budbergyte, Member of the European Court of Auditors, and was introduced to the annual report on implementation of the European Union budget, informs LETA/ELTA.