Only 300 million euro transferred of the billions borrowed for economic stimulus

Lithuania is borrowing billions of euro for economic stimulus, but over three months, institutions distributing support for ensuring business liquidity and safeguarding jobs have only been issued 300 million euro in borrowed funds, Vice Minister of Finance Darius Sadeckas told the Seimas Budget and Finance Committee (BFK). BFK members say they found information lacking on whether the borrowed funds will bring long term benefits.

Source:

15min

euro / FNTT nuotr.

This article is available only for subscribers. Click here to subscribe or log-in, if you have already subscribed.

Subscribe to en.15min and get unlimited access to quality news, feature articles and commentaries. The subscribers will also receive daily newsletters with main Lithuania’s media features and commentaries. If you are interested in getting this subscription package, please drop us a line on editor@lithuaniatribune.com

Write us

Only 300 million euro transferred of the billions borrowed for economic stimulus

This article is available only for subscribers. Click here to subscribe or log-in, if you have already subscribed.

Economy

Feature

Opinion

Politics