17 this year, it was decided to add to Article 15, entitled Centralized Procurement with Parts 4, 5, 6, and Parts 5 and 6 which will come into force Jan. 1, 2014. Whereas Part 4. Activity of a central purchasing organization, which implements central purchasing functions in the exercise of a legal person or the owner rights and obligations, is financed from the budget from the body of a State or local government budget allocation and (or) other funds.

Part 5. Purchasing organization, except for the Lithuanian diplomatic representations and consular offices abroad and the Republic of Lithuania representations to international organizations…

Category Baltic News

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Gene Zolotarev about EU financial system