Lithuania could agree on EC fine until last minute - Vestager

Margrethe Vestager

Lithuania could have found a solution until the last minute and avoid the 28-million-euro fine for its state-run company Lietuvos Geležinkeliai (Lithuanian Railways, LG), the European Union's (EU) Competition Commissioner Margrethe Vestager said in Vilnius on Tuesday.

She refused to specify on the solution proposed by the commission to Lithuania, noting that separation or railway operations was one of them.

"Until very last minute when we took the decision to say we don't think they (Lithuanians) are willing or capable of solving it so we have to revert to a decision that involves a fine," Vestager told a news conference in the Lithuanian capital when asked whether the EC had decided on the fine for LG at the beginning of the year.

Source: BNS
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