A Lithuanian economist says that Greece's debts will have to be restructured as reforms and Brussels' assistance will not be enough for the financially-troubled country to get back on track.
Greek referendum
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Greece's decision to prepare an action plan and "tighten belts" is a step forward, says MEP Gabrielius Landsbergis, Chairman of the conservative Homeland Union - Lithuanian Christian Democrats (TS-LKD).
Economist Dr.Zoltan Pogatsa believes that the Eurozone states of the former Eastern bloc have been duped by the major powers into firmly opposing Greece. They are being led to believe that Athens is damaging to their economies. It's all a deception, the Hungarian professional of political economy ar...
If we all sat at a table in a tavern, having fun eating and drinking and then decided to vote if we wanted to pay the bill or not, the chances are that most would vote to pay the bill. What would a table like that look like from the side as it flaunts the results of that vote, demanding that the cus...
Lithuanian President Dalia Grybauskaitė and Finance Minister Rimantas Šadžius will on Tuesday attend an emergency meeting with their counterparts in Brussels to discuss the Greek debt crisis following the Sunday referendum that saw the Greeks voted down austerity measures.
Greece will remain in the eurozone despite the Greeks' decision in the recent referendum to reject the creditors' proposed reforms and austerity measures, Lithuanian Prime Minister Algirdas Butkevičius believes.
It will be very difficult to help Greece whose people voted against reforms demanded by the country creditors in a referendum on Sunday, Lithuanian Minister of Foreign Affairs Linas Linkevičius says, adding that the possibility of Greece's euro exist is absolutely real.
The Greek vote against reforms proposed by the country's creditors has further complicated the situation, Lithuanian President Dalia Grybauskaitė said on late Sunday.
