Baltic railroads will remain connected to Moscow without Europe’s funding

The European Union needs to have a respectable multi-annual budget, because for some of the member states, including the Baltic countries, it will offer the only investment opportunity, Joseph Daul, Chairman of the European People’s Party Group in the European Parliament, said during the EP’s plenary session in Strasbourg on Wednesday.

For instance, without European funding, the Baltic countries’ railroads will remain connected to Moscow, not Europe, said Daul, emphasizing that railroad connections with Europe were needed by the Baltic countries as much as by the rest of Europe, reports LETA.

Daul urged the EU member states to act responsibly and approve such an EU multi-annual budget that would assist Europe overcome the crisis in the long term. In Daul’s opinion, the EU budget must encourage investments that foster growth, and it also has to be sufficiently flexible.

Daul said he categorically opposed those who were calling for EU budget cuts for the sake of short-term savings. The EP’s position is clear, and its position is supported by most of Europe, stressed Daul.

As reported, the decisive talks on the EU’s multi-annual budget will begin tomorrow when the European Council will convene for a two-day session in Brussels. Prime Minister Valdis Dombrovskis will represent Latvia at the meeting.

Source : baltic-course.com

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