First beneficiaries of euro adoption – Lithuania’s wallet sellers

Christmas sales have only started and traders are expecting the biggest interest in the last days before the season holidays, reports.

According to Viktoras Kučevskis, director of UAB Victors Leather which manages online shop, trading picked up last week and sales have doubled compared to last year.


“People call up and ask if the euro fits in wallets, therefore we measure each wallet before it goes on sale at our online shop. We can hardly keep up,” the businessman said. All of the interviewed traders told the daily Verslo Zinios that it was too soon to estimate the impact the euro would have on the demand of wallets as trading is the most intensive in the last weeks before Christmas.

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