Euro area’s ministers of finance waiting for Lithuania to join euro bloc
Thursday, June 26, 2014
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.
One of the biggest challenges for retailers ahead of the euro transition will be ensuring that they have enough cash, said a Bank of Lithuania representative at a meeting with retail owners earlier this month in Kaunas.
The proposal by UK Prime Minister Theresa May for European Union (EU) citizens present in the country should ease tensions among the Lithuanians living in great Britain, says Daiva Asanavičiūtė, the leader of the local Lithuanian community.
The European Union (EU) should consolidate in the field of defense and countries of the euro area should also deepen their cooperation, Spain's Foreign Minister Alfonso Dastis said in Vilnius on Wednesday.