In Lithuania, the supporters of accession to the euro zone believe that it will help with foreign loans and investments, as opponents fear further outflow of labor. The country has even held a symbolic funeral litas: procession, hearse, a coffin full of money and weeping women. About half of the Lithuanians were against adopting the euro. And what politicians say?
Dalia Grybauskaite sends the national currency into oblivion. At the ceremony only policy – against the introduction of the new currency entered half of Lithuanians. But the authorities have decided all this and willing sacrifice called joining the club favorites. Only unknown: whether will pull Lithuania dues?
“The euro will be a guarantee of our economic and political stability. It will allow us to more rapidly develop the economy, create jobs, increase incomes. I firmly believe that we will strengthen the European family” – said the Prime Minister of Lithuania Algirdas Butkevičius.
From the Lithuanian cents after adoption of the euro built tower – 831 pounds. Symbol of Lithuanian statehood became a little thing that does not cost anything. Yes, another two weeks in stores will accept litas, but the surrender should already be in euros.
Price-long stay in the two currencies, however, the sellers have the opportunity to round value and I’m sure many will want to do it in the most side. This has already happened in other countries. Lithuania – the last of the Baltic republics, which will enter the euro area.
In Latvia, where adopted the euro a year ago, now bring the first results. Politicians, of course, happy: the Baltic republics now a reliable company with such stable countries like Germany or, for example, Finland. But economists often remember about Portugal, Spain or Greece – those countries whose experience of the Baltic States would be better not to repeat.
Toad, cow, beer mug, ant – which just was not on the former Latvian currency. Author of many of these coins – sculptor Janis Strupilis. He is currently working with the euro, but misses the good old Lytham. Says the currency expressed more national character.
“Salmon – our fisheries, our sea, our rivers. Ships, ports. On two lats – cow. Naturally, agriculture – explains the sculptor Janis Strupulis . – There was one such coin-button – so it is generally called Original coin of the year in the world “.
The Faceless euro is certainly more practical for the layman. Those Latvians have already forgotten about exchangers, traveling in Europe. But if we talk about the state, then it can no longer set their own exchange rate, that is to regulate and import volumes, and the development of its own production.
eurooptimists and a supporter of European integration – Latvian Saeima deputy Igor Pimenov believes that the transition to Euro Baltic States leads so far only to stagnation.
“Those states that have kept the currency develop stronger, while those that got rid develop stagnation – says Pimenov. – At first (the first year, second year) all goes well. The goods are imported, outward prosperity increases, but then begins and ends Puzyreva development is a big crisis “.
Greece, for example, has already gone through 6 years of recession. Moreover, economic problems have arisen in many ways it was after the integration of the European economy. Now, in the new year, the country can and does drive out of the euro zone.
The flagship of the euro zone rescue Greece, Germany, that is, to make loans, no longer going. Michael Fuchs, chairman of the ruling CDU in the Bundestag said that Greece “has ceased to be important for the euro area”.
“The idea is not that if you allow Greece to leave the EU, and all other countries will follow the example of contagious . For Greece will be treated as an experiment to see what happens to a country that leaves the euro zone, “- says the analyst of IG Chris Beauchamp.
To put the whole country, the experiment came after Greece appointed early parliamentary elections. Favorite – opposition party SYRIZA leaders promise to act independently and to revise the agreement with international lenders.
No matter how the Greek elections were held, the most eurozone situation threatens, if not disaster, the enormous instability. But in young beginners, like Lithuania, no turning back. Now, with the euro – and in sorrow and in joy.
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