Economics
Lithuania Commits to Seek Euro Adoption in 2015
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Lithuania’s new government gave its backing to the euro as officials pledged to follow the country’s two Baltic neighbors by adopting the currency in 2015.
Prime Minister Algirdas Butkevicius met Finance Minister Rimantas Sadzius and central bank Governor Vitas Vasiliauskas today in the capital, Vilnius to set what he called the “ambitious goal.” Lithuania meets all European Union criteria to join the euro area except on inflation, Vasiliauskas said.