Lithuania's membership in the EU Introduction of the euro in Lithuania
Loading..

News




18/8/2014
At the Government Business Leaders Have Committed Themselves To Fair Price Conversion by Their Signatures Vilnius, 18 August. At the Government Prime Minister Algirdas Butkevičius, Finance Minister Rimantas Šadžius, Vice-Minister of Economy Rasa Noreikienė together with the Lithuanian business associations, Association of Local Authorities of Lithuania and managers of the largest undertakings signed the Memorandum of Good Will in Adopting the Euro. More...
18/8/2014
Twelve Television, Radio and Internet Europrojects Start In September Vilnius, 14 August. Aiming at the widest possible dissemination of the information on the euro and its adoption aspects from September twelve information projects will be implemented in different mass media. The media companies have been selected in the form of tenders. More...
12/8/2014
The first Lithuanian euro coins are being delivered to the Bank of Lithuania’s vault The first batch of Lithuanian euro coins are being delivered to the Bank of Lithuania’s vault in Vilnius. On 1 January 2015 they will be issued into circulation. The total amount of coins necessary for the euro adoption and to ensure reserves is about 370 million units; their weight — 1,740 tonnes. More...
8/8/2014
Commitment of National Business Leaders: the Euro Adoption Is Not an Excuse for Raising Prices On 18 August, Monday, at 10 a.m. at the Government building of the Republic of Lithuania the representatives of the Lithuanian business associations and municipalities together with the heads of the Government, Ministry of Economy and Ministry of Finance will give the green light to the Memorandum of Good Business Practice during the Adoption of the Euro. Later on the baton will be passed on to thousands of the Lithuanian enterprises, business representatives, municipalities that will be able to join the Memorandum on a voluntary basis and will assume a commitment to be fair with consumers during the euro adoption in Lithuania, i.e. to not use the euro adoption as an excuse for raising prices of goods and services and to ensure fair conversion and display of prices of services and goods. More...
8/8/2014
It Is Worth Remembering for Everyone: Essential Actions and Dates of the Euro Adoption Vilnius, 6 August. In order to clearly, accurately and in advance inform the public on the changes related to the euro adoption in Lithuania, the Ministry of Finance released an information notice, where the essential provisions on the application of the Law on the Euro Adoption in the Republic of Lithuania were emphasized. More...
7/8/2014
Governor of Lietuvos bankas to start work in the Governing Council of the ECB and participate in the adoption of the ECB's monetary policy decisions Vitas Vasiliauskas, Chairman of the Board of Lietuvos bankas, on Thursday, August 7, will attend a meeting of the Governing Council of the European Central Bank (ECB) in Frankfurt. This is the first time when a representative of Lithuania participates in the Council adopting key decisions of the ECB, which sets interest rates, formulates euro area monetary policy, and envisages operational guidelines ensuring the implementation of tasks assigned to the Eurosystem. More...
30/7/2014
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...
24/7/2014
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...
23/7/2014
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...
23/7/2014
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...

Topical information

Important documents