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“For us, this is a historic opportunity, we don’t need to miss the opportunity,” says A. Avulis on the “Delfi diena” program.
“It just came to our notice then. I remember that Greece had borrowed $ 300 billion. And it is absolutely unrealistic to pay that debt. It started to discard it because everyone realizes that the Greeks will not return that much money. <...>
Why return that money? The European Commission (EC)? And who is she? If I borrowed from a bank, I understand that you have to pay it back, but we don’t borrow them from the bank, ”he explains.
According to A. Avulis, if Lithuania does not borrow and use that money, it will simply lose the opportunity. “Others will do it: neighboring countries, Italians, Spanish, Greeks …”, he says.
Economist Nerijus Mačiulis agrees that money should not be given up, but must be used correctly.
“I am not saying that if the EC grants subsidies to Lithuania, it will not accept them, but we should use that money not to replace empty buildings and pipes, but to see what would create potential for the whole decade. There is no need to distribute money here urgently” , emphasizes N. Mačiulis.
“I don’t think anybody is going to pay off the debt, but they borrow for a long time. The Greek debt spanned 50 years. When the time comes to pay off the debts, new bonds are issued, they are borrowed again, they are repaid. old gossip ”, explains the economist in the Delfi Day program.
We recall that the EU Economic Recovery Fund will provide 390 billion euros in non-reimbursable support to states. the remainder will be provided in the form of loans. 2.4 billion is forecast for Lithuania. The country will be able to borrow 3 billion euros from the fund. euros.
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