Winners of Television, Radio and Internet Europrojects Announced Company Gravitas Partners, in execution of the Contract on the Organisation and Coordination of the Tender for Media Projects on the Euro Adoption in Lithuania signed with the Ministry of Finance on 25 June 2014, has selected national media (television, radio and internet) projects designed for information on the euro adoption in Lithuania. More...

Cycling enthusiasts are invited to join the euro supporters team On 23 July the Council of the European Union reached a final decision — from 1 January 2015 Lithuania will open its doors to the new currency. In order to mark this significant occasion, the Bank of Lithuania is gathering a team of euro supporters for an event, the Velomaratonas, which will take place in Vilnius on 24 August. More...

ECB: Lithuania to join euro area and single supervisory mechanism (SSM) on 1 January 2015 Today the EU Council formally approved the accession of Lithuania to the euro area on 1 January 2015 and determined the euro conversion rate of the Lithuanian litas at 3.45280 to 1 (coinciding with the level of the current central rate of the litas in the exchange rate mechanism ERM II). More...

Lithuania Is Accepted into the Eurozone, from 1 January 2015 the Euro Is to Be the National Currency of Lithuania Today the European Union General Affairs Council of Ministers has adopted the final decision on Lithuania’s participation in the Economic and Monetary Union (EMU) from 1 January 2015. From this date Lithuania will become the 19th full-fledged member of the eurozone, which will start using the euro as the single currency of the European Union. More...

Clock will count down the time left until euro adoption When the Council of the European Union reached the final decision on the euro adoption in Lithuania, in Vilnius, Gediminas avenue, over the doors of the Bank of Lithuania, a special clock began to count down the time left until the historical date — 1 January 2015, when the euro will become Lithuania’s currency. More...

Information about the adoption of the euro will be provided both to the blind and deaf The Bank of Lithuania, aiming at the widest possible dissemination of information about the euro and aspects of its adoption, has initiated meetings with representatives of organisations uniting people with disabilities (the blind and the deaf). During these meetings, the most effective modes of cooperation in disseminating information about the euro adoption for their communities in Lithuania have been discussed. More...

Banks have made a commitment, during the adoption of the euro, to work longer and provide favourable conditions for a smooth changeover Commercial banks in Lithuania, on Thursday, signed a Memorandum of Understanding on Good Practice during the Preparation for the Adoption of the Euro with the Bank of Lithuania. By this Memorandum, banks have made a commitment, during the most intensive changeover period, to serve customers at their branches longer, provide favourable conditions for putting cash litas into bank accounts, as well as apply other measures so that residents and businesses could exchange their money as smoothly as possible. More...

Lithuania’s population will be directly informed on the irrevocable litas and euro exchange rate The Bank of Lithuania, aiming at the widest possible dissemination of information about the euro and aspects of its adoption, has initiated meetings with representatives of organisations uniting people with disabilities (the blind and the deaf). During these meetings, the most effective modes of cooperation in disseminating information about the euro adoption for their communities in Lithuania have been discussed. More...

European Parliament Says “Yes” to Lithuania’s Membership in Eurozone Strasbourg, 16 July. The European Parliament at its meeting today approved the European Commission’s proposal on the adoption of the euro in Lithuania from the beginning of the next year. 545 Members of the European Parliament voted in favour of the position approving Lithuania’s membership in the eurozone from 2015. More...

Traders in Gariūnai have been introduced to the security features of euro banknotes and coins During three seminars organised in Gariūnai, the largest marketplace in the Baltic States, small retailers have been introduced to Lithuania’s future currency, the euro. More...