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. […]
With the European Union (EU) expected to issue its final approval today for the adoption of the euro in Lithuania, businesses lowering their prices before the currency changeover should win the competitive race, the Lithuanian finance minister has said. […]
After the EU General Affairs Council adopts the final decision on the adoption of the euro in Lithuania, a countdown timer above the door of the Bank of Lithuania in Vilnius, Gedimino avenue, will be launched. […]
The Bank of Lithuania has initiated meetings with representatives of organisations representing people with disabilities (the blind and the deaf), seeking to ensure that information about changeover to the euro is accessible to them as well. […]
The introduction of the euro in Lithuania will bring not only economic benefits, but also will help curb financial populism of politicians, says President Dalia Grybauskaitė. […]
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. […]
Association of Lithuanian Chambers of Commerce, Industry and Crafts (LPPARA) says that small businesses should be allowed to give change in litas even after the date that Lithuania switched to the euro. […]
On 1 January this year, Latvians switched from lats and santimus, that had been the national currency for the last 20 years, to euro banknotes and cents. DELFI interviewed a couple of traders in a local market at Ventspils and asked how they were getting used to the new currency. […]
Lietuvos Paštas (Lithuanian Post) and the police signed an agreement on Friday on cooperation during the adoption of the euro, the Lithuanian Post said. […]
Commercial banks in Lithuania on Thursday signed a Memorandum of Understanding on Good Practice during the Preparation for the Adoption of the Euro with the Bank of Lithuania. […]
“Euro in Lithuania is good news for the Baltic States – it will once again prove accomplishments of the Baltic States in securing financial stability and economic growth. It also demonstrates the attractiveness of this region for investments,” said Latvian MEP Valdis Dombrovskis, commenting the news about EP’s decision to let Lithuania join the euro zone. […]
Efforts to hold a referendum on Lithuania’s switchover to the euro and to preserve the current national currency, the litas, have fallen through as the Supreme Administrative Court of Lithuania has ruled that the decision by the Central Electoral Commission (VRK) not to register a referendum initiative group and not to issue any signature sheets thereto is legitimate. […]
Leaders of Lithuania’s two ruling parties – Rolandas Paksas of the Order and Justice Party and Valdemar Tomaševski of the Electoral Action of Poles in Lithuania, both members of the European Parliament – spoke out against Lithuania’s euro zone accession. […]
The European Parliament on Wednesday endorsed Lithuania’s accession to the euro zone in 2015 with 545 votes in favour, 116 votes against and 34 abstentions. […]
DELFI observer Ramūnas Bogdanas interviews former foreign minister of Iceland Jon Baldvin Hannibalsson who was the strongest supporter of Lithuania’s independence in 1990-91 among all Western politicians. He closely continues to monitor the development of Lithuania. […]
The European Council said on Friday that Lithuania is ready to adopt the euro in 2015. […]
Euro area finance ministers, whose recommendations on Lithuania’s accession to the euro zone were finally endorsed by the European Union’s (EU) finance chiefs last week, are waiting for Lithuania to join the euro bloc, Lithuania’s Finance Minister has said. […]
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