Today the European Commission (EC) has submitted a renewed proposal on the provision of the financial assistance for the closure of the Ignalina Nuclear Power Plant (INPP). According to Prime Minister Andrius Kubilius, consultations with the EC will continue in this regard.

In accordance with the Law on Financial Stability providing for timely measures to be applied to ensure country`s financial stability and seeking to protect depositors` funds, as well as taking into account the findings and recommendations of the Bank of Lithuania, and the public interest, the Government has decided to take over the shares of the bank Snoras for public needs. Bank shareholders will be compensated for their shares in accordance with the law, following the assessment of bank assets.

The Government approved the implementation plan on separation of operation and control of natural gas companies non-compliant with the Law on Natural Gas whereby AB Lietuvos Dujos must complete the separation of its operational activities (transportation, distribution and supply) by 31 October 2014.

Prime Minister Andrius Kubilius took part in a solemn opening of a new permanent exhibition on the commemoration of the Nazi occupation and the Holocaust in Lithuania, at the Museum of Genocide Victims. The Prime Minister noted the exceptional significance of the space that makes us remember events that are impossible to forget.

Prime Minister Andrius Kubilius has met with outgoing Ambassador of France François Laumonier. The Prime Minister has thanked the Ambassador for his substantial contribution into the development of relations between Lithuania and France.

Prime Minister Andrius Kubilius has sent a letter to Prime Minister of Poland Donald Tusk where he had expressed his delight at the fact that Lithuania and Poland, who are marking the twentieth anniversary of their diplomatic relations this year, have managed to achieve a lot over this relatively short period of time.

“The choice of a strategic investor is an important landmark for the Visaginas Nuclear Power Plant project and a major step towards Lithuania’s energetic independence, which is in the long term benefit for the Lithuanian economy and people”, said the Prime Minister, responding to the news that the proposal from GE Hitachi Nuclear Energy and a combined Hitachi-US General Electric company had been selected as one of the two for further negotiation. The other proposal was submitted by US company Westinghouse, owned by Japanese Toshiba.