DELFI / Tomas Vinickas
“I’d like to single out two achievements, which, I believe, are very important in Lithuania’s history. These are preparations for the adoption of the euro, which, I think, have been carried out in a very responsible manner since I don’t know any other country, which achieved the 63-percent level of public trust before the adoption of the single currency. This is very positive and we will leave that mechanism of the litas peg to the euro,” Algirdas Butkevičius told the LRT radio and TV on Monday.
Another milestone concerned the anchoring of energy independence through the construction of the LNG facility in Klaipeda.
The LNG facility launched operations officially on 3 December. It will actually start supplying gas from January. In its first year, the facility will operate at a capacity of 1 billion cubic meters, which will later be increased to some 4 billion cubic meters. The terminal received its first commercial LNG shipment last week.
Lithuania will adopt the euro on 1 January 2015. Litas has been introduced in the country back in 1993.
I admit it: I’m not that type of person who follows domestic and international politics…
While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…
Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…
"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…
Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…
The world is becoming smaller, more intertwined, and increasingly fragmented, with many of the previous…