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.
Bank of Lithuania headquarters
© DELFI / Audrius Solominas

It will count down in seconds, minutes, hours and days to 1 January 2015, when Lithuania is to officially switch to the euro. The timer will be launched immediately after the decision of the General Affairs Council which is expected at 3 p.m. on Wednesday.

Moreover, the countdown timer will remind people of the irrevocably fixed conversion rate of the litas and the euro, which will be announced by the EU Council on Wednesday as well. This rate will be used to calculate wages, pensions, social benefits, tariffs, prices, etc.

Lithuania will become the 19th EU member state to adopt the euro.

It is forbidden to copy the text of this publication without a written permission from ELTA.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Israeli cloud services integrator chooses Vilnius for European base

TeraSky, a leading Israeli cloud solutions integrator, has just announced the opening of its European...

The popular French fashion brand „Gémo“ enters the Baltic States: first store in Lithuania – in 2019

The popular French fashion brand „Gémo“ entered the Baltic States - the first regional store was...

International investors discover Šiauliai

In recent years, Lithuania has seen a large influx of foreign investors. Whereas Vilnius and Kaunas...

Hungary may consider buying gas from Lithuania - president

Hungarian President Janos Ader said on Tuesday that his country might consider buying liquefied gas...

New global sales trends have not bypassed Lithuania: “Pigu.lt” has announced two-week sale festival

Traditionally, November is a very busy month for global trade sector as everybody looks forward to new...