No Picture
Economy

Most Lithuanians feel price hikes after euro adoption

As many as 65 percent of Lithuanians, most of them younger people (aged 15-34 years), say they are already used to changes after the euro adoption, the latest survey for September has shown. However, compared to February’s survey, considerably more respondents believe that prices of goods and services have gone up after the introduction of the new currency. […]

Lietuvos bankas pristato naująjį 20-ies eurų banknotą
Economy

New 20 euro banknote presented to cash handlers at Bank of Lithuania

The new 20 euro banknote and its innovative security features were presented at the Bank of Lithuania on Tuesday, 5 May. The new 20 euro banknotes, from the Europa series, will be put into circulation across the euro area on 25 November 2015 and will circulate together with the current banknotes of the first series, said the Bank of Lithuania. […]

No Picture
Economy

EC report: Euro changeover in Lithuania reaching final stage

Lithuania adopted the euro on 1 January 2015, thus becoming the 19th member of the euro area. With the dual circulation period ending on 15 January, a crucial part of the changeover will be completed this week, the European Commission said in a report. […]

No Picture
Economy

Euros account for one third of cash in Lithuania

Euros already account for nearly a third of all cash money in circulation in Lithuania, says Vitas Vasiliauskas, governor of the Bank of Lithuania. […]

Lietuvos paštas
Economy

Lithuanians exchange their litas for euros at post offices

Residents of Lithuania have started exchanging their savings in litas to euros. A total of 330 post offices will be exchanging litas to euros free of charge from 2 January. […]