Euro adoption

  • Economy

Cauliflower-gate: Lithuanian consumers call boycott on retailers in protest at price hikes

A social media campaign in Lithuania is calling for a three-day boycott of the country's supermarkets on May 10-12. A…

9 years ago
  • CORPORATE

Service prices rise faster in Lithuania than rest of EU

The price of services in Lithuania grew more than in any other European Union country last year, increasing over 5%.…

9 years ago
  • Economy

Lithuanian groceries among cheapest in Europe, says Maxima survey

This month, the Maxima retail chain performed a double independent price comparison for some of the most popular products sold…

9 years ago
  • Economy

Modest growth or stagnation: what happened in Lithuania in 2015?

According to Gitanas Nausėda, the advisor of the president of SEB Bank, 2015 wasn't a very special year for Lithuania,…

9 years ago
  • Politics

PM Butkevičius says Lithuania became energy independent in 2015

Prime Minister Algirdas Butkevičius says the euro introduction, power interconnections with Poland and Sweden, and reforming the Labour Code are…

9 years ago
  • Economy

Euro generates savings of over €125m for Lithuania

The introduction of the euro at the beginning of 2015 has had a significant economic impact on Lithuania, its citizens…

9 years ago
  • Economy

Lithuanians still hold €152 million in Litas a year after adoption of Euro

Nearly a year has passed since the adoption of the euro, but nearly LTL 525 million (€152 million) in cash…

9 years ago
  • Economy

Euro adoption helped Lithuanians save €40m

Lithuanian consumers and businesses saved some €40 million due to lower interest rates after the adoption of the euro a…

9 years ago
  • Economy

Lithuanians still recalculate prices in litas

It has been almost a year since Lithuania has abandoned its national currency for the euro, but many Lithuanians still…

9 years ago
  • Economy

Most Lithuanians feel price hikes after euro adoption

As many as 65 percent of Lithuanians, most of them younger people (aged 15-34 years), say they are already used…

9 years ago
  • Politics

Lithuania PM presents annual government report to parliament

Introducing the Government's annual activity report for 2014 at the Seimas, parliament, Prime Minister Algirdas Butkevičius started with the mention…

10 years ago
  • Economy

Smooth euro adoption allows Lithuanian government borrow cheaper

A smooth adoption of the euro in Lithuania enabled the country not only to improve its international credit ratings but…

10 years ago
  • Economy

Euro did not change Lithuanians’ household finance management habits

A telephone poll conducted by the company Provident Finansai revealed that the introduction of the euro did not change habits…

10 years ago
  • Economy

Support for euro continues to grow in Lithuania

Some 68 percent of Lithuanians were in favour of the euro in mid-February, up by 8 percent from December, the…

10 years ago
  • Economy

Consumer prices fell by 1.5 percent in January

In January the prices of consumer goods and services declined by 1.5% in annual terms and by 1.3% in monthly…

10 years ago
  • Economy

Rise in service prices in Lithuania could be due to euro, statistics office says

Lithuania's statistics office says that euro adoption could have been among the reasons behind a rise in service prices at…

10 years ago
  • Economy

Lithuanian finance minister says no reason to panic over euro

Lithuanian minister of finance sees no reasons to panic over a possible decline in trade or stalling of economic development…

10 years ago
  • Economy

Two-thirds of Lithuanians positive about euro, according to Eurobarometer

Nearly two-thirds of the Lithuanians are positive about the euro, which the country adopted as its currency this year, the…

10 years ago
  • Economy

Counterfeit euros in Lithuania on decline, central bank chief says

The number of attempts to pay with fake euro banknotes in Lithuania, which joined the eurozone almost a month ago,…

10 years ago
  • Society

Euro adoption and crisis in Ukraine reduced Lithuanians’ optimism, according to poll

In December 2014 only every third Lithuanian claimed that the situation in the country has been improving. Compared with November…

10 years ago