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njection of 4 bln laso be made toncourage economy ofithuaa :: The Baltic Course | Baltic States news & analyticAccording to the prime minister of Lithuania, the economy encouragement plan is moving forward and many foreseen measures are giving results. However, many decisions depend on the EU institutions, writes ELTA/LETA.
According to Andrius Kubilius, banks and business will be given an opportunity to use 2 billion litas (580.78 million euros) in line with the business crediting instrument. Out of this sum, business will be able to use instruments with volume of 700 million litas (203 million euros). 2 billion litas more are expected to be received from the EU structural funds.
"Total sums may exceed 4 billion litas of financing and about 2 billion litas of that sum may apprear on the market," said the prime minister after the meeting of the working group on the supervision and coordination of the implementation of the economy encouragement plan.
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