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Strategic decisions adopted by the European Council will help prevent crises in the future

President of the Republic of Lithuania Dalia Grybauskaitė calls the decisions adopted by the European Council strategic and important for Lithuania and for the whole European Union. The Heads of States gathered in Brussels agreed that all Member States will perform stress tests on their banking systems in the effort to stabilise financial markets. According to President Dalia Grybauskaitė, testing in Lithuania will be performed by the central bank and the Ministry of Finance. READ MORE

EU Foreign Policy At A Crossroads

By Nicolas Nagle

Since the Treaty of Lisbon entered into force on Dec. 1, 2009, the European Union's foreign policy has taken the first steps toward an institutional restructuring. Lisbon introduced a permanent president of the European Council as well as the post of high representative (HR) for foreign affairs, and established a European foreign service corps known as the European Action Service (EAS). READ MORE

Lithuania will continue asking for EU support to energy projects

In the meeting with the President of the European Council Herman Van Rompuy, President of the Republic of Lithuania Dalia Grybauskaitė underlined that Lithuania would ask the European Union to envisage funds in its new financial perspective for the post-closure maintenance of the Ignalina Nuclear Power Plant and for the construction of electricity connections with Western Europe. READ MORE

“Solutions based on compromise and solidarity will make the enlarged and unified Europe even stronger”

President of the Republic of Lithuania Valdas Adamkus participated and made a speech in the second working session of the European Council. READ MORE

East looks west, EU’s Eastern Partnership beckons

By Volodymyr Stretovychis

At a Summit meeting on March 19-20, the European Council officially approved the establishment of the Eastern Partnership (EaP.) It will embrace six countries of Eastern Europe: Ukraine, Georgia, Azerbaijan, Armenia, Belarus, and Moldova. The Summit of the Eastern Partnership will be held on May 7, 2009, in Prague. This Summit must originate this EU initiative.The Eastern Partnership is a response to the desire of the EU’s Eastern neighbors to draw near to the European Union. The project anticipates realisation of programmes formerly available only to official candidates for the EU, as well as their financial and institutional provisions. READ MORE