Lithuania’s new president has made reinvigorating trade with the rest of the EU a top priority.
Dalia Grybauskaite, the EU’s current budget commissioner, easily won an election at the weekend to become Lithuania’s first woman president. She said: “I would like to have a more balanced (unclear) policy to invest more in Western countries – especially our old European member states, because Lithuania still is not investing sufficiently enough.” Grybauskaite stressed she wants to stimulate exports and help Lithuania absorb EU aid faster. Prime Minister Andrius Kubilius, who heads a four party centre-right coalition and who backed Grybauskaite, is expected to remain in his job after she takes office in mid-July. But the new leader has also said some ministers, including the finance minister, will have to, in her words, “correct mistakes of the past” or go. Economic turmoil caused by the global recession is said to have undermined Grybauskaite’s election rivals.