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EU’s 315-billion-euro investment plan may benefit Lithuania, ambassador says - EN.DELFI
Tuesday, January 13, 2015
The European Commission’s 315-billion-euro investment plan may benefit Lithuania, but the scheme of its financing still involves many uncertainties, Lithuania’s permanent representative to the European Union (EU) has said.
"In my opinion, that package is less for us and more for Southern countries. If that package revives the economy in other parts of the European Union and if we safeguard our part of the package, it would be advantageous if it helped the economy grow. If the economy of the whole European Union is growing, it’s good for us," Raimundas Karoblis said at a meeting of the Lithuanian Confederation of Industrialists on Tuesday.
He pointed out many remaining uncertainties, for example, about the source of funds for project development, and added that the answers should be provided by the Commission.
In Karoblis’ view, it is unclear whether the investment program may have a strong impact on the general EU economy since the program’s budget is not large as compared to the Community’s GDP.
The Commission hopes to mobilize some 300 billion euros in private investment through the investment plan, which, among other things, envisages the creation of a new European Fund for Strategic Investments (EFSI).
IMF and world bank are helping Ukraine. Americans and Canadians are investing in many sectors. Already Ukrainian Nuclear companies have moved for Western companies for Nuclear supplies and on that even Ukranian military is being modernised. Try to follow the news properly.
Whatever the Russian Investment was done during the Euro Maidan during the Pro Russian Ukranian President all that investment have moved to Russian Federation. This is even the reason that Ukraine is moving towards West.
Canada to allocate $54 million to Ukraine| Ukrinform
KYIV, January 26 /Ukrinform/. Canada will provide financial assistance worth $54 million to Ukrainian business.
Canadian International Trade Minister Ed Fast said this at a meeting with his Ukrainian counterpart Aivaras Abromavicius, the Yevropeiska Pravda online newspaper reported.
"Today, during a meeting with the Ukrainian minister, we have announced the opening of a credit line worth $54 million. This money should help to strengthen the economic situation in Ukraine," Fast said.
According to him, this money will be spent on the development of dairy industry, as well as on the construction of grain storages.
"Taking into account that Ukraine has gathered a record crop of grain in the current marketing year, such assistance will be very relevant," he added.
Tuesday, January 13, 2015
The European Commission’s 315-billion-euro investment plan may benefit Lithuania, but the scheme of its financing still involves many uncertainties, Lithuania’s permanent representative to the European Union (EU) has said.
"In my opinion, that package is less for us and more for Southern countries. If that package revives the economy in other parts of the European Union and if we safeguard our part of the package, it would be advantageous if it helped the economy grow. If the economy of the whole European Union is growing, it’s good for us," Raimundas Karoblis said at a meeting of the Lithuanian Confederation of Industrialists on Tuesday.
He pointed out many remaining uncertainties, for example, about the source of funds for project development, and added that the answers should be provided by the Commission.
In Karoblis’ view, it is unclear whether the investment program may have a strong impact on the general EU economy since the program’s budget is not large as compared to the Community’s GDP.
The Commission hopes to mobilize some 300 billion euros in private investment through the investment plan, which, among other things, envisages the creation of a new European Fund for Strategic Investments (EFSI).
IMF and world bank are helping Ukraine. Americans and Canadians are investing in many sectors. Already Ukrainian Nuclear companies have moved for Western companies for Nuclear supplies and on that even Ukranian military is being modernised. Try to follow the news properly.
Whatever the Russian Investment was done during the Euro Maidan during the Pro Russian Ukranian President all that investment have moved to Russian Federation. This is even the reason that Ukraine is moving towards West.
Canada to allocate $54 million to Ukraine| Ukrinform
KYIV, January 26 /Ukrinform/. Canada will provide financial assistance worth $54 million to Ukrainian business.
Canadian International Trade Minister Ed Fast said this at a meeting with his Ukrainian counterpart Aivaras Abromavicius, the Yevropeiska Pravda online newspaper reported.
"Today, during a meeting with the Ukrainian minister, we have announced the opening of a credit line worth $54 million. This money should help to strengthen the economic situation in Ukraine," Fast said.
According to him, this money will be spent on the development of dairy industry, as well as on the construction of grain storages.
"Taking into account that Ukraine has gathered a record crop of grain in the current marketing year, such assistance will be very relevant," he added.
