In the framework of the Lithuanian Presidency of the Council of the European Union, the Embassy of Lithuania in cooperation with the European Commission Representation in the Netherlands, has organized a discussion "Budgetary discipline -- the recipe for growth?" Ms. Ingrida ŠimonytÄ— -- Deputy Chairperson of the Board of the bank of Lithuania and former Lithuanian Minister of Finance (2009-2012), has presented the Lithuanian experience in tackling the crisis and bringing the economy back to robust growth. Dr. Lex Hoogduin, Professor of Economy at the University of Amsterdam has linked the Lithuanian case to the current debate on budgetary cuts in the Netherlands. The discussion was moderated by journalist Mr. Mark Kranenburg (NRC Handelsblad).