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

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
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
01:47a IDM Mining Files Updated NI 43-101 Preliminary Economic Assessment for the Red Mountain Gold Project
01:45a WEST AFRICAN RESOURCES : Repays US$5m Loan Facility
01:45a EAGLE COUNTY : 8/25/2016 - Commissioners to consider two questions for November ballot
01:45a PPG INDUSTRIES : revitalizes Parque de Bombas through COLORFUL COMMUNITIES initiative
01:40a AUSDRILL : Ams appointed as preferred contractor by toro gold
01:40a GOVERNMENT OF YUKON : increases support for recycling and local processors
01:36a Khang & Khang LLP Announces Securities Class Action Lawsuit against Global Digital Solutions Inc. and Encourages Investors with Losses to Contact the Firm
01:34a MERMEREN KOMBINAT PRILEP : 2016 08 25 Financial Calendar 2016 amendment
01:34a ARISTOCRAT LEISURE : Nomination of new Non-Executive Director
01:33a AERIUS : International, Inc. Announces Management Appointments
Latest news
Advertisement
Hot News 
-0.93%Handelsbanken Sells Entire 6.8% Stake in Industrivarden
-17.63%AHEAD OF THE TAPE : Dollar Stores Have Surprise Lift -- WSJ
-12.63%SIGNET JEWELERS : Why Are Americans Buying Less Jewelry?
-34.88%ITT EDUCATIONAL SERVICES : U.S. Government Cuts Off New Funding for ITT Tech
5.85%German research firm GfK names new chairman amid M&A talk
Most Read News
06:23p VOLKSWAGEN : to spend at least $1.2 billion to compensate U.S. dealers - sources
07:30p APPLE : fixes security flaw after UAE dissident's iPhone targeted
06:28p GENERAL MOTORS : GM cleared in second U.S. verdict over crash blamed on ignition switch
06:59p ALLIANZ : Austria's Heta says winding down of assets progressing well
06:40p GAMESTOP : quarterly revenue misses on weak video game sales
Most recommended articles
07:30p APPLE : fixes security flaw after UAE dissident's iPhone targeted
06:59p ALLIANZ : Austria's Heta says winding down of assets progressing well
06:55p Crude Oil Prices Rise on OPEC Deal Hopes, Yellen Threatens Gold
06:40p GAMESTOP : quarterly revenue misses on weak video game sales
06:28p GENERAL MOTORS : GM cleared in second U.S. verdict over crash blamed on ignition switch