In their words, members of the Parliament who are not satisfied with budget cuts might agree on a compromise proposal to review the budget in a few years but are determined to hold strict positions during the talks.
"The veto possibility will always be considered a threat. I believe it might remain until the very end of the hearing but nevertheless the veto price would be too-high, so we can expect backing," conservative Algirdas Saudargas, a member of the EPs largest Group of the European People's Party (Christian Democrats), told BNS on Monday.
The European Parliament has for the first time this year the right to veto a budget approved by the European Council. The powers were given to the Parliament by the Treaty of Lisbon adopted in 2009.
Social Democrat Vilija Blinkevičiūtė, a member of the Group of the Progressive Alliance of Socialists and Democrats, underlined that a compromise would be sought at the talks between the EU Council and the European Parliament and "the period has not been put yet."
According to Blinkevičiūtė, the Parliament is not satisfied with a 3-percent cut to the 2014-2020 EU budget but she acknowledges that there's not much "space for increasing the budget."
The general package of the EU's financial support to Lithuania will grow around 10 percent and stand at LTL 44.5 billion (EUR 12.88 billion).