Lithuania’s EU Presidency Priorities

In his remarks to the IIEA, Minister Valys presents Lithuania’s priorities for its upcoming Presidency of the Council of the EU, with a focus on the work in the Economic and Financial Affairs Council (ECOFIN) and General Affairs Council (GAC) in Cohesion configuration. Taurimas Valys elaborates on Lithuania’s priorities in ECOFIN, regarding continued support for Ukraine, the Savings and Investment Union (SIU), taxation, and the 2028-2034 EU budget and own resources, as well as the Multiannual Financial Framework (MFF) and Cohesion Policy in GAC (Cohesion). Taurimas Valys is the Minister of Finance of the Republic of Lithuania. He has more than 20 years of management experience in finance and previously served as Vice-Minister of Foreign Affairs, responsible for economic diplomacy, defence industry and diaspora. He has also served as an adviser to the Prime Minister on economic diplomacy and state-owned enterprise efficiency. Taurimas Valys holds degrees in International Relations and Political Science.