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 CET

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
press@mfa.ee
www.vm.ee

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
02:15p IIROC Trading Halt - MEG.R
02:15p PFENEX INC. : Change in Directors or Principal Officers, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K)
02:15p INTERRA RESOURCES : Rauner rolls out plan to protect pharmacy customers from drug interactions
02:15p JUNEX : is Once Again Selected in the TSX Venture 50
02:15pDJS&P 500, Nasdaq Futures -- Technical Analysis
02:14p JOHNSON & JOHNSON : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)
02:14pDJMARKET SNAPSHOT : Dow Futures In Holding Pattern As Raft Of Earnings Hits
02:14p The Pokémon Company International Announces Record-Breaking UK Sales for Pokémon Trading Cards and Toys
02:13p MAKE WAY FOR TATA MOTORS’ NEW LIFESTYLE VEHICLE –‘HEXA’ : Starts at INR 12.20 lakh, ex-showroom Hyderabad
02:13p MICROSOFT : Kenya to host a high level International Summit on ‘Innovating Economies’ organised by The Economist Events
Latest news
Advertisement
Hot News 
-30.40%BT slump weighs on European, UK indexes; Generali rallies
-18.28%BT : warns on profit over Italian scandal and UK slowdown
6.35%PFEIFFER VACUUM TECHNOLOGY : Busch announces $1 billion cash offer for Pfeiffer Vacuum
-10.23%GENEL ENERGY : expects up to 34 percent drop in 2017 production
-8.88%EASYJET : hit by weaker pound as low-fare battle rages
Most Read News
01/23 SAMSUNG ELECTRONICS : Elec warns of political risks as chips boost fourth quarter profit
05:28a BT : warns on profit over Italian scandal and UK slowdown
06:19a EASYJET : hit by weaker pound as low-fare battle rages
01:40aDJSAP : Lifts Outlook as Expanding Cloud Boosts Profit
01/23 U.S. blocks health insurer Aetna's $34 billion Humana acquisition
Most recommended articles
01/17DJS&P 500, Nasdaq Futures -- Technical Analysis
08:12aDJFIFTH THIRD BANCORP : Revenue and Profit Fall
08:10a LOCKHEED MARTIN : warns of material weakness in Sikorsky financial statements
08:08a Verizon earnings and subscriber additions fall short of estimates
08:08aDJBHARTI AIRTEL : Airtel Profit Slides on Financing Costs, Competition