Posts tagged as Vilius Šapoka

Lithuania mulls borrowing up to €2bn in capital markets

Wednesday, April 8, 2020

Lithuania intends to borrow in the international capital markets, Finance Minister Vilius Šapoka said, in addition to 1.5-billion-euro loans secured from international financial institutions. According to Šapoka, the government mulls raising between 0.5 and 2 billion euros via Eurobond. The funds would be used to mitigate the effects of the coronavirus-induced economic downturn. “Borrowing plans will certainly depend on both the situation in the markets and the situation in Lithuania,…

Switzerland in talks to help fund Lithuania’s healthcare

Thursday, February 13, 2020

The Lithuanian government has decided to begin negotiations with Switzerland over its proposed financial support worth around 70 million euros, identifying healthcare as the number-one funding priority. “We propose to list healthcare at number one. This is a very high priority that we want to give the largest share of [the Swiss] funding to,” Finance Minister Vilius Šapoka told the Cabinet. “Apprenticeship and other forms of practical training would be…

Lithuania opposition MP: «The ruling majority muddles through a «foxy» budget»

Friday, October 19, 2018

For the fifth consecutive year, Lithuania’s new budget, now for 2019, is described as «record» due to the size of surplus and the hefty allocations to education, health care, innovations and reduction of social inequality. Finance Minister Vilius Šapoka touts it for being oriented to «strategic goals» of the state, whereas the opposition suspects that behind the generosity stands the coming elections to municipal Councils, the European Parliament and President’s Office, all due in…