Wednesday, December 31, 2014

New Year’s Eve Lithuania officially became the 19th member of the eurozone – Ekho Moskvy radio station

New Year's Eve Lithuania officially became the 19th member of the eurozone – Ekho Moskvy radio station

This country is the last of the three Baltic states abandoned the national currency. Lithuania was going to enter the eurozone in 2007, but high inflation did not allow it to fulfill the Maastricht criteria. In 2009, the country experienced a deep recession. Now economic indicators are in line with European standards: the inflation forecast for 2016 is 1.9%, the budget deficit – 2.6% of GDP, national debt of the country – 39%. Pay cash litas par with the euro will be until January 15., And delivery of the sellers will have to issue in the euro.

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