Ramunė Rimgailaitė
Economy

Bank of Latvia: A special day and not only for Lithuania

This is an historic day for Lithuania and all the other Baltic States. Long and hard work on putting the economy right has been rewarded with an official invitation to join the euro zone as of 1 January 2015. Another wall then comes down for the people of the Baltic States, not least when it comes to business relations. This is one aspect that Latvia can’t help but value given its long border of almost 600 km with Lithuania. […]

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European Union

EU gives final approval to Lithuania’s euro bid

The European Union’s (EU) General Affairs Council on Wednesday approved Lithuania’s entry to the euro zone in January 2015, which is the final decision that was needed for the country to adopt the single currency next year. […]

Ramūnas Vilpišauskas
Economy

Smooth transition to euro will boost consumer confidence, political analyst says

Smooth switch-over to the euro in Lithuania next year would increase consumer confidence in the common European currency, says Ramūnas Vilpišauskas, director of the International Relations and Political Science Institute of Vilnius University. […]