European Stability Mechanism

Lithuania's finance minister to discuss aid to Greece, EU monetary policy in Brussels

Lithuania's Finance Minister Vilius Šapoka will attend meetings of the euro group and the European Union 's (EU) Economic and Financial Affairs Council...

Analysts say proposed European Monetary Fund would benefit Lithuania

A European Monetary Fund (EMF) that is proposed to be set up to more rapidly respond to financial difficulties in the Eurozone would benefit Lithuania in...

EU Commission proposes to set up European Monetary Fund

The European Commission proposes to transform the 500-billion-euro European Stability Mechanism (ESM) into a European Monetary Fund (EMF) to more...

Euro adoption helped Lithuanians save €40m

Lithuanian consumers and businesses saved some €40 million due to lower interest rates after the adoption of the euro a year ago, economists at the Bank...