Lithuanian Parliament Approves EU Fiscal Stability Pact

World | June 28, 2012, Thursday // 20:54
Bulgaria: Lithuanian Parliament Approves EU Fiscal Stability Pact Photo by Sofia Photo Agency

Lithuania's Parliament ratified Thursday the European Union's Fiscal Stability Treaty aimed at toughening fiscal discipline and the enforcement of EU budget rules.

80 MPs backed the pact, 11 voted against and 21 abstained, according to reports of local news agencies cited by Bloomberg.

Lithuanian Foreign Minister Audronius A?ubalis declared that the approval of the pact would be a sign of solidarity with the entire eurozone.

The Baltic state, a former Soviet Union republic with a population of around 3 million, hopes to adopt the Euro in 2014.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

World » Be a reporter: Write and send your article
Tags: Lithuania, EU Fiscal Pact, ratification, Eurozone

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria