Around EU Region & Eastern Europe [12.31.14]

European Union

Welcome to Euro, Lithunia!

 

Lithunia

A woman passes by a poster that says. ‘The euro is coming to Lithuania soon’ in Vilnius, Lithuania, on Monday.

A woman passes by a poster that says. ‘The euro is coming to Lithuania soon’ in Vilnius, Lithuania, on Monday.

“Once skeptical of the euro, Lithuanians are now ready to embrace it.

The former Soviet republic will become the 19th member of the common currency on Thursday—underlining its Western ties just as it has also emerged as one of Europe’s loudest critics of Russia.

In June 2013, only 41% of Lithuanians approved of dropping the country’s currency, the litas, according to a survey by pollster Eurobarometer. The latest poll, published in mid-December, shows that backing for the euro has risen to 63%.

Lithuania joined the European Union and the North Atlantic Treaty Organization in 2004, at the same time as neighboring Latvia and Estonia, and it is following both countries in switching to the euro.”

Lithunia embraces the Euro

Lithunia embraces the Euro

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s