Lithuanian commissioner candidate Andrius Kubilius has announced his plans to raise billions of euros through various means, including the controversial idea of joint borrowing. In an interview with Euronews, Kubilius expressed the urgent need for funding and emphasized the importance of cooperation among EU member states to address economic challenges.
Kubilius, a former Prime Minister of Lithuania, highlighted the significance of joint borrowing as a potential solution to the financial difficulties facing the European Union. This approach, known as eurobonds, would involve pooling resources from different countries to secure funds for economic recovery and development initiatives. Despite facing opposition from some member states, Kubilius remains optimistic about the feasibility and benefits of this strategy.
The commissioner hopeful emphasized the need for a unified and cohesive approach to address the economic impact of the COVID-19 pandemic and other global challenges. Kubilius stressed the importance of solidarity and collaboration among EU countries to ensure a swift and effective recovery from the crisis.
In addition to advocating for joint borrowing, Kubilius also highlighted the need for increased investment in innovation, education, and technology to foster long-term economic growth and sustainability. He emphasized the importance of aligning EU policies with the changing global landscape to maintain competitiveness and ensure the prosperity of European citizens.
Overall, Andrius Kubilius’s candidacy for commissioner is focused on promoting economic stability, cooperation, and innovation within the European Union. By advocating for bold and ambitious strategies, including joint borrowing, Kubilius aims to secure the necessary funding and support for a prosperous future for all EU member states.
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Photo credit www.euronews.com
