Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Estonian Ministry of Foreign Affairs : Estonia at the European Union General Affairs Council: Quick and Firm Agreement Needed to Ensure That Europe Will Invest in Economic Growth and Employment

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/24/2012 | 04:51pm CEST

No 335-E

During the discussion on the European Union's next budgetary period (2014-2020) that took place in Brussels today, ideas were exchanged regarding the most recent version of the negotiations packet submitted by EU presidency Cyprus, which does not yet contain concrete numbers.

For Estonia it is essential that an agreement on the budget is reached quickly. "After three years of talking almost exclusively about the crisis and other negative things, citizens are awaiting a message from Brussels guaranteeing that Europe will make investments into economic growth and employment," said Ambassador to the EU Matti Maasikas, who represented Estonia at the meeting. "Therefore Estonia does not think it is right to cut the EU budget, especially at the expense of the European Union Cohesion Policy, which is meant to support regions with lower income levels," he stated.

Estonia made a proposal together with Latvia and Lithuania that the countries that suffered the most during the economic crisis should get a higher upper limit on the amount of Cohesion Funds they can utilise. "It is justified to allow countries whose GDP has fallen sharply but have still used EU funds responsibly and found money to co-finance an opportunity to utilise more Cohesion Policy funds," Maasikas asserted. 

Estonia is continuing to work towards equalising direct agricultural supports in the European Union. "Support for Baltic farmers is much less than the European average, and we would like for changes to this situation, which leads to unfair competitive advantages and makes people justifiably upset, to be reflected in the new European Union budget," said the ambassador.

Estonia also supports the European Commission's proposal to create a European Infrastructure Fund for supporting cross-border infrastructure projects.

Additional information:
Helen Ennok, press spokesperson, Estonia's Permanent Representation to the EU
+32 474 98 16 57

SPOKESPERSON'S OFFICE
+372 637 7654
[email protected]
www.vm.ee

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
05:49a MGM RESORTS INTERNATIONAL : Malloy Signs Bill Creating East Windsor Casino, Opponents Promise Court Fight
05:46a SUNRUN INC : Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sunrun Inc. of Class Action Lawsuit and Upcoming Deadline - RUN
05:45a EMIRATES TELECOMMUNICATIONS GROP : Despite loan crisis, Etisalat’s resilience reassures lenders, prospective investors
05:45a JULIUS BERGER NIGERIA : When Julius Berger hosted shareholders at AGM 
05:45a FINTECH : Digital pay solutions can boost transformation – Afiegbe, Visa boss
05:45a CANADA GOOSE : Announces Pricing of Public Secondary Offering
05:44a WPP : Cyber attacks reported globally, Ukraine Govt. infrastructure in chaos
05:44a SUNCORP TECHNOLOGIES : expects substantial loss for 1H
05:43a AVIC HELICOPTER : China rises in global aviation supply chain
05:39a AFCON : Ikeme Eager to return to Eagles
Latest news
Advertisement
Hot News 
-8.85%ALLIED IRISH BANKS : Ireland could sell more AIB shares after oversubscribed IPO
-3.33%Auto supplier Schaeffler cuts profit guidance on steel costs, electric shift
1.41%U.S. finds Canada softwood lumber dumped, sets preliminary duties
-3.03%STADA ARZNEIMITTEL : Bain, Cinven discussing new offer for Stada - sources
3.53%BANKIA : Spain's Bankia buys BMN to create fourth-biggest lender
Most Read News
07:31p KAZUO OKADA : Family help oust Japan casino mogul Okada in boardroom coup
09:07p Retailers Support Confirmation of Second NLRB Nominee
10:52p Toshiba faces shareholders with no chip unit deal signed
09:34p THOMSON RESOURCES : Further Outstanding Drill Results for Bygoo Tin
11:09p Google faces years of EU oversight on top of record antitrust fine
Most recommended articles
11:34p Oil prices weighed down as U.S. inventory gains revive glut worries
11:32p U.S. RETAIL MALL VACANCIES EDGE UP IN SECOND QUARTER : Reis
11:09p Google faces years of EU oversight on top of record antitrust fine
10:52p Toshiba faces shareholders with no chip unit deal signed
10:23pDJECB's Draghi Hints at Possible Winding Down of Eurozone QE -- 5th Update