Figure: ECB position needed for LB's increased contribution to the budget

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Figure: ECB position needed for LB's increased contribution to the budget

Finance Minister Gintarė Skaistė says that in order to increase the contribution of the Bank of Lithuania (LB) to the state budget, it is necessary to obtain the approval of the European Central Bank. “The Bank of Lithuania is an independent institution and if there are intentions to change the laws relating to the Bank of Lithuania, it is necessary to obtain the position of the European Central Bank,” said the Minister during the Government Hou…