"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.
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.
DELFI observer Ramūnas Bogdanas interviews former foreign minister of IcelandJon 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.
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.
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