Why is it that, after three MoUs and five governments since 2011, Greece has not yet managed to turn the page? What has been done wrong under the MoUs all these years? Greece has been through a painful adjustment, which could not have been avoided given the high imbalances it built up until 2010.
We are living in extraordinary times: just as the pandemic pressures started to ease, we got hit by another huge shock – the war in Ukraine. Let me stress that we stand in full solidarity with Ukraine. To date Lithuania welcomed some 51,000 Ukrainian refugees and is one of the largest donors of bilateral aid to Ukraine in percentages of GDP.