Greek euro exit would have no major impact on Lithuania, says central bank governor

“Frankly, I think the impact on Lithuania would be negligible because our economic relations with Greece are definitely not well-developed,” Vitas Vasiliauskas told the Žinių Radijas radio on Tuesday.

The euro zone as a whole would feel a greater impact, but it is strong enough to withstand potential problems, the chairman of the Bank of Lithuania‘s board said.

“I think the euro zone is much stronger now than it was in 2011. No doubt, there will be an impact on the euro zone itself, but I’d rather not speculate now about what happens if it happens. Let’s wait and we’ll see. The euro zone has proven more than once that it has the inner strength to stand up on its feet in the face of even bigger crises,” he said.

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