Lithuania’s small businesses do not fear euro adoption, survey shows

Another 40 percent of small and medium-sized business owners said that the currency change will result neither be beneficial nor harmful. Meanwhile only 13 percent of respondents said that the introduction of the euro is harmful.

According to the LCKU, most small and medium-sized businesses regard the adoption of the euro as a natural process of further integration into European economic space and are not overestimating the change.

10 percent of businessmen expect that income of their companies will grow after the adoption of the euro, 5 percent expect cheaper credit for business development and working capital, whereas 32 percent said this will have no impact on business.

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