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Adoption of the Euro in Lithuania

Summary

The European Parliament approves Lithuania's adoption of the euro starting January 1, 2015, after confirming all economic requirements are met.
10 31.07.2014
Other
economy
finance
european union
monetary economics
public finance and budget policy

Key points

  • The euro is scheduled to be officially introduced as the currency in Lithuania on January 1, 2015.
  • Lithuania has achieved price stability, evidenced by a low mean inflation rate.
  • The country's government finances are sustainable, with a controlled budget deficit and manageable debt levels.
  • There have been no significant tensions regarding exchange rate fluctuations during the assessment period.
Documents (PDFs)
REPORT on the proposal for a Council decision on the adoption by Lithuania of the euro on 1 January 2015 Adoption by Lithuania of the euro on 1 January 2015 *
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