Eurozone

Against a backdrop of weak economic growth across Europe, Lithuania stands in good stead in terms of its economy. Boasting low debt and budget deficit levels, and with strong growth forecasts, the Lithuanian economy is stable and robust, mainly thanks to extensive reforms undertaken in recent years.

A telephone poll conducted by the company Provident Finansai revealed that the introduction of the euro did not change habits of personal financial management of many Lithuanians with lower income.

The Bank of Lithuania, jointly with the European Central Bank (ECB) and other central banks of the Eurosystem as of 9 March is undertaking an expanded asset purchase programme. Under this programme, the central banks of the Eurosystem will buy bonds issued by euro area governments, agencies and Euro...

Some 68 percent of Lithuanians were in favour of the euro in mid-February, up by 8 percent from December, the latest poll commissioned by the central Bank of Lithuania has shown.

Lithuanian President Dalia Grybauskaitė, who took part in an informal meeting of the European Council on Thursday, says that all member-states of the eurozone must carry out a responsible fiscal and economic policy and Greece is no exception.

Lithuania, which formally joined the European Stability Mechanism (ESM) in early February, will transfer the first 65.44-million-euro tranche of paid-in capital on Wednesday, a week after the Cabinet gave the green light for the payment.

The Lithuanian government on Wednesday, a day after the country formally joined the European Stability Mechanism (ESM), gave the green light for transferring the first tranche of paid-in capital.

Lithuanian minister of finance sees no reasons to panic over a possible decline in trade or stalling of economic development after the country's adoption of the euro.

On 3 February, Lithuania became the 19th member of the European Stability Mechanism (ESM). Lithuania has ratified the ESM Treaty and now acquires the full rights and obligations of ESM membership.

The number of attempts to pay with fake euro banknotes in Lithuania, which joined the eurozone almost a month ago, is on the decline, the central bank's governor said on Thursday.

The Lithuania Tribune / EN.DELFI TV spoke to Lilia Shevtsova, Senior Fellow, Brookings Institution, USA and Associate Fellow, Chatham House, UK. Do you think that Euro adoption is giving geopolitical security for Lithuania, we asked Shevtsova.

The Lithuania Tribune / EN.DELFI TV spoke to Rokas Grajauskas, Analyst for the Baltic states of Danske Bank. How deflation in Eurozone is going to affect Lithuania, we asked Grajauskas.

After Lithuania joined the euro area on 1 January 2015, about 20 counterfeit euro notes have been discovered in the market, says Interior Minister Saulius Skvernelis, adding that the number of suspected forgeries is considerably higher, but they are made outside Lithuania.

Lithuania has this year joined the other Baltic countries in adopting the euro. Entering the common European currency can give the country's economy an additional boost, with more foreign investment on the cards, especially from Sweden, Invest Lithuania said.

The period of dual circulation of litas and euro cash in Lithuania ended on 15 January.

Two weeks after the adoption of the euro, the single European currency now accounts for more than one-half, or some 60 percent, of cash in circulation in Lithuania, the central Bank of Lithuania said, reminding that Thursday is the last day when shoppers can use both currencies, the euro and the lit...

Euro area membership will give Lithuania more stability and security, European Council President Donald Tusk said in Vilnius on Wednesday.

In over slightly more than two months, 46,000 visitors from all over Lithuania visited the Euro Exhibition, which was open at the National Museum Palace of the Grand Dukes of Lithuania. It was arranged with a view to introducing in advance the population to the new currency, euras.lt reports.

Lithuanian Prime Minister Algirdas Butkevičius thinks that Greece must stay in the eurozone and continue taking austerity measures.

The society's support for the euro in Lithuania rose 7 percentage points in December from November to reach 60 percent, according to a survey released by the Bank of Lithuania on Thursday.