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The letter of the Eighth Ministers of Finance states that a faster decision is needed in the context of the UK's withdrawal from the EU and the EU political cycle – European elections will be held here. Next year to make decisions
The Minister of Finance, Vilius Šapoka, signed a letter with colleagues from Ireland, Denmark, Estonia, Latvia, the Netherlands, Finland and Sweden.
These Nordic countries pursue liberal economic policies and have recently begun to collaborate more closely to strengthen their influence on the withdrawal of traditional British allies.
Lithuania and other Nordic Europeans also want a counterweight to the French initiative to create a
Sigismund Gedvilla / 15min photo / Viley Shapok
V. Shapok: Financing will be lightened
Contributors say that the integration of capital markets in Member States will improve financing opportunities for small businesses, which is particularly important when the EU ceases to # 39, to be the most important financial center of London
. "We think there is enough time to try to use this window of opportunity on these measures," said V. Shapok, SNB
. According to him, these areas are particularly important for Lithuania, which is particularly important for financial technologies and the development of green finance. aims to become the fintech center in northern Europe and the third in Europe to release green
The European Commission announces that the plan of action for the progressive development of the Capital Markets Alliance should be put not later than 2019.
However, according to the Financial Times, Brussels recognizes that progress is uneven and harmonious.
According to V. Šapokas, the increase of alternatives to bank financing is of particular importance for small and medium-sized companies, the new high-tech companies.
"In order for the economic structure to change more rapidly to a higher value added, we must offer alternatives", – V.Shapoka.
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