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European Union

Lithuania joins European Stability Mechanism

On 3 February, Lithuania became the 19th member of the European Stability Mechanism (ESM). Lithuania has ratified the ESM Treaty and now acquires the full rights and obligations of ESM membership. […]

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Low inflation in Lithuania particularly favourable to euro adoption, economists say

Current average annual inflation in Lithuania is at its lowest since 2010, according to financial experts, a situation that is particularly favourable to the currency changeover. […]


Lithuanian PM disappointed with coalition for refusing to lift tax exemptions on heating

Lithuanian Prime Minister Algirdas Butkevičius says that the ruling coalition has left room for populism in the future when it rejected proposals to lift VAT exemption on heating. He says that the coalition should deliberate whether it has enough political will to admit that the VAT exemption should be left in place for an indefinite period. […]


Lithuania to organize seminars on euro adoption

On 8 September, a cycle of seminars on the adoption of the euro, which will encompass at least 70 information events scheduled in all 60 municipalities of Lithuania within three months, is going to be launched in Šiauliai, informs. […]