Economy

Lithuania’s automotive market up 18 percent

Preliminary data of the automotive research company AutoTyrimai shows that in December 2014, registration of new passenger vehicles (M1 and N1) increased by 0.5 percent to 1,182 vehicles in 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. […]

Maxima pradeda prekybą eurais
Economy

Lithuanian buyers starting to use new currency

After starting to use the new currency, the euro, on Thursday, Lithuanians say they will have to remember maths at the beginning of the year to calculate the prices of goods. They will be able to pay in litas until mid-January, but will receive all change in the common currency of the European Union (EU). […]

Algirdas Butkevičius
Economy

Lithuania expects economic and political stability in the euro zone

Lithuania’s government hopes that the euro adopted on Thursday will guarantee economic and political security for Lithuania, while the neighboring countries see the accession as an achievement of the entire euro zone. […]

Rimantas Šadžius
Economy

Lithuanian finance minister admits he is not yet accustomed to euro

As Lithuania is to become the 19th member of the euro zone on 1 January, Lithuanian Finance Minister Rimantas Šadžius admits that he has not yet got accustomed to the euro and price tags in two currencies still puzzle him. […]