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Klimka, Karolis

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Delfi - Lithuania | 24/04/2006

Europe's double standards

Lithuania has a balanced budget, hardly any public debt, and is a member of the European exchange-rate mechanism ERM II, but may not be allowed to introduce the euro in 2007 simply because its inflation rate is 0.1 percent too high. Karolis Klimka accuses the EU states of having double standards: "Europe is increasingly becoming a purely economic project. Its principles have long since been dictated by economic demands, the Maastricht Criteria, the Stability and Growth Pact and similar instruments which are essentially depoliticised. The countries of Central and Eastern Europe have become a laboratory into which the EU wants to export a neo-liberal 'development model' which is far more radical than the systems in the old member states."

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