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Businessmen show great interest in EU funds during meeting with economy minister : building.lv - par būvniecību Latvijā

Businessmen show great interest in EU funds during meeting with economy minister

Almost a hundred businessmen participated in a meeting with Minister of Economy Krisjanis Karins (New Era) yesterday; during the meeting, businessmen showed a great greatest interest in options for utilization of the European Union (EU) structural funds.

Almost a hundred businessmen participated in a meeting with Minister of Economy Krisjanis Karins (New Era) yesterday; during the meeting, businessmen showed a great greatest interest in options for utilization of the European Union (EU) structural funds.

The businessmen actively participated in discussions on assessment of projects vying for EU funds and related matters, LETA learned from the Public Relations Department at the Ministry of Economy.

During the discussions, Karins outlined further economic development, laying the emphasis on the government's priority - development of knowledge-based economy. Foreign investments, co-financing from structural funds and state support for businessmen will be necessary for a rapid economic development of Latvia in the future, Karins stressed.

The minister informed businessmen about the Economy Ministry's work on bettering business environment and accessibility of structural funds in regions, raising competitiveness of small and medium-sized companies.

Karins also said that curbing the "gray area" of the Latvian economy requires curbing taxes. It has been determined that the national budget's revenues increase after taxes are cut, he said.



Janis Bagatais LETA
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