Lithuania Euro Coins - Lithuanian President Dalia Grybauskaite has put off her country’s changeover to the euro and the abolition of the national monetary unit, the litas, for two years. She believes that the adoption of the united European monetary unit might take place in 2016. On the face of it, the new left-off-center Prime Minister Algirdas Butkevicius said Tuesday that “the changeover will occur before 2015.”

 

As for the previous plans to effectuate the transition in 2014, Grybauskaite believes the date is too premature, since that transition will be scarcely possible because of the high inflation level. “Lithuania’s transition to the euro in the years 2015 or 2016 looks quite realistic,” she said.

26 January 2013 - The Prime Minister of Lithuania, Mr. Aļģirds Butkevičs last Thursday announced that Lithuania will adopt the euro in 2015. He said that if everything goes as planned Lithuania should be ready for the euro changeover.

 

Source

(C) ITAR TASS

(C) financenet.tvnet.lv

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Comment by Robi from Brussels on January 26, 2013 at 19:03

This is a great news! I hope it could have a positive effect on all those Euro Sceptics who look at the actual financial crisis as just an "€ crisis" and not as a global world crisis, as it is in reality.

Comment by euroHOBBY on January 26, 2013 at 17:08

The Prime Minister of Lithuania, Mr. Aļģirds Butkevičs last Thursday announced that Lithuania will adopt the euro in 2015. He said that if everything goes as planned Lithuania should be ready for the euro changeover.

 

Source

(C) financenet.tvnet.lv

Comment by Robi from Brussels on December 17, 2012 at 17:07

I think Latvia in 2014 and Lithuania in 2016 is the more realistic scenario.

Comment by euroHOBBY on December 15, 2012 at 19:31

I hope that all the new countries will be in the eurozone by 2020 but i doubt it

Lithuania will adopt the euro almost 10 years after the original target date which was 2007 as show from the coins above


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