Posts tagged as veto

Germany calls for abolition of ‘paralysing’ EU member states foreign policy veto

Tuesday, June 8, 2021

German Foreign Minister Heiko Maas on Monday called on the European Union to abolish individual member states’ veto power on foreign policy. “We can no longer be held hostage by those who paralyse European foreign policy with their vetoes. Those who do so are playing with Europe’s cohesion in the longer or shorter term,” Maas told a press conference in Berlin. “I therefore say it openly: the veto must disappear,…

Lithuania to raise corporate tax on banks; lobby to ask for president’s veto

Tuesday, December 17, 2019

The corporate income tax for banks and credit unions is set to rise by 5 points to 20 percent in January. Lithuania’s banking lobby said it will ask for president’s veto on the tax hike. The higher rate will apply to a bank’s earnings exceeding 2 million euros. Banks are now taxed at a 15 percent rate like other legal entities in Lithuania. On Tuesday, the Seimas adopted the draft…

Lithuanian parliament does not agree with the President

Friday, November 15, 2019

The Lithuanian parliament overrode a presidential veto on its decision to add two road maintenance and construction companies, Problematika and Kelių Priežiūra (Road Maintenance), to the list of strategic enterprises. This is the second time that the Seimas has rejected President Gitanas Nausėda’s veto. The latest veto was overturned on Thursday in a vote of 81 to 26 with six abstentions. Members of parliament say the two companies need the…

Lithuania PM Says to Run for Presidency in May

Friday, January 18, 2019

Lithuanian Prime Minister Saulius Skvernelis said on Thursday he would run for the country’s presidency in an election due in May, but would not resign from his current post unless he is successful. Lithuania’s president has a semi-executive role with a say in the appointment of key officials such as judges, the chief prosecutor and head of central bank. The president can veto laws and, in tandem with the government,…

We’ll reject presidential veto, law drafted based on her proposal, LSDDP leader says

Saturday, October 27, 2018

The Lithuanian parliament will reject the president’s veto blocking plans to provide a state subsidy to the Social Democratic Labor Party of Lithuania this year, the party’s leader Gediminas Kirkilas says. “We will reject it. If we had enough votes to adopt the amendments, we will have enough of them to reject the veto,” Kirkilas told BNS Lithuania on Friday. At least 71 votes out of 141 are needed for…