Lithuania Mulls Aid for Companies Hit by Dispute With China
- Government considering aid package worth 130 million euros
- China says Lithunia should allign its China policy with EU
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The Lithuanian government is considering an aid package worth 130 million euros ($147m) to support businesses impacted by the Baltic country’s spat with China.
An initial 6 million euros has been allocated to companies from the European Regional Development Fund due to “the geopolitical tensions and the problems businesses are facing in China today, especially exporting businesses,” Finance Minister Gintare Skaiste told the cabinet, BNS news service reported on Wednesday.