For the first time ever it has been calculated how much real estate the country is in control of. “It is surprising that over 27 years there have been no attempts to take inventory of […]
The Minister of Finance states that it is currently too early to tell which ministries will have to tighten their belts and what assignations they may get as extra. “Let me explain the logics, it […]
We have to agree on what kind of society we wish to live in says Lithuanian economist, macroeconomic policy and public economy expert, Professor Raimondas Kuodis, who notes that with 26 years having passed since […]
The Lithuanian police have prevented almost counterfeit 50-euro notes, totalling €3.5 million, from entering circulation in the country and abroad.
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Lithuania’s central bank, the Bank of Lithuania, has issued two commemorative two-euro coins with the country side minted with one of the most prominent Baltic cultural characters – Amber circle-amulet. […]
A social media campaign in Lithuania is calling for a three-day boycott of the country’s supermarkets on May 10-12. A year and a half since Lithuania adopted the euro, consumers are outraged by unjustifiable price hikes. […]
The introduction of the euro at the beginning of 2015 has had a significant economic impact on Lithuania, its citizens and businesses, according to the Bank of Lithuania (LB). […]
It has been almost a year since Lithuania has abandoned its national currency for the euro, but many Lithuanians still cling to the litas. A recent survey shows that two out of three Lithuanian shoppers would prefer to see prices indicated in both currencies, the litas and the euro, TV3 television reports. […]
On 19 November, a shipment of euro banknotes arrived in Vilnius International Airport. From there, the euro banknotes, with a police escort, were safely delivered to the Bank of Lithuania‘s vaults, the country’s central bank said. […]
The Lithuanian Mint has already minted 97 million Lithuanian euro coins, which is about half the amount to be minted this year and one-fourth of the total amount to be produced this year and next year, the central bank governor said on Monday. […]
Leaders of Lithuania’s two ruling parties – Rolandas Paksas of the Order and Justice Party and Valdemar Tomaševski of the Electoral Action of Poles in Lithuania, both members of the European Parliament – spoke out against Lithuania’s euro zone accession. […]
The European Parliament on Wednesday endorsed Lithuania’s accession to the euro zone in 2015 with 545 votes in favour, 116 votes against and 34 abstentions. […]
DELFI observer Ramūnas Bogdanas interviews former foreign minister of Iceland Jon Baldvin Hannibalsson who was the strongest supporter of Lithuania’s independence in 1990-91 among all Western politicians. He closely continues to monitor the development of Lithuania. […]
Euro area finance ministers, whose recommendations on Lithuania’s accession to the euro zone were finally endorsed by the European Union’s (EU) finance chiefs last week, are waiting for Lithuania to join the euro bloc, Lithuania’s Finance Minister has said. […]
One of the biggest challenges for retailers ahead of the euro transition will be ensuring that they have enough cash, said a Bank of Lithuania representative at a meeting with retail owners earlier this month in Kaunas. […]
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