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“Although during the economic crisis of 1998 and 2008-2009, Lithuanian companies demonstrated their flexibility and ability to adapt to serious changes in the environment, this crisis is different. Many companies faced operational restrictions due to government decisions (not just in Lithuania). Therefore, it should not be seen as a “burn” of the company itself due to unreasonable risk or other perhaps prudently incomplete decisions, but as a certain damage that was done, although to avoid further damage, harm to health and human life, “says I. Šimonytė.
“Therefore, in the moral sense, it is the responsibility of the authorities, it must also exist in the financial and necessary decisions, otherwise, the economy may enter a new equilibrium with extremely large losses, which could have been reduced,” he adds. I. Šimonytė.
The parliamentarian pointed out that, as in the previous crisis, the economy will reactivate with debt.
“Membership in the euro area allows access to borrowed resources at a low cost, and that is excellent, but it requires that decisions are no less transparent and understandable. Now it seems that the Government has decided that the debt limit of five A billion is some kind of private government fund, the distribution of which may remain outside democratic responsibility, based on a “manual feeding strategy: who likes to give and others does not.”
There are many questions about which solutions bring the greatest benefits and added value to the economy as projects are selected. The government has put a lot of energy into public relations, but there are still no practical and viable solutions on how that money will get into the economy. There is also no desire to negotiate with the public or the Seimas, “says I. Šimonytė.
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