The tendency to recalculate prices in the litas is more frequent among women, citizens of smaller towns and retired people. About a third of respondents still estimate prices of any goods they buy in the litas. One fifth only do so when buying more expensive commodities and around 10 percent only recalculate the final tab.
Bank of Lithuania: Euros account for 60 percent of cash in circulation
Two weeks after the adoption of the euro, the single European currency now accounts for more than one-half, or some 60 percent, of cash in circulation in Lithuania, the central Bank of Lithuania said, reminding that Thursday is the last day when shoppers can use both currencies, the euro and the litas, to pay in shops. […]
Latvian confectionery maker pays tribute to outgoing Lithuanian currency with special chocolate bars
Ahead of Lithuania’s accession to the euro zone and transition to the euro, Latvian chocolate factory Laima has produced a new end-year souvenir – 80,000 units of a chocolate bar branded Dvidešimt Litų (Twenty Litas), this way honouring the outgoing national currency of Lithuania, marketing manager at NP Foods Maija Brukle said. […]
Lithuania’s small businesses do not fear euro adoption, survey shows
A survey of small and medium-sized businesses commissioned by Lithuania’s Central Credit Union (LCKU) and carried out by Spinter Tyrimai has shown that 43 percent of respondents think that the euro adoption will be beneficial for long-term business development. […]
Be the first to comment