Euro adoption woes

  • 2006-09-07
  • From wire reports
VILNIUS - Adopting the euro currency in Lithuania would diminish the country's dependence upon Russia, European Parliament member Margarita Starkeviciute said last week.Starkeviciute told the daily newspaper Lietuvos Rytas that Lithuania was likely to join the euro zone in 2008 instead of its original target of 2007. "There are no economic obstacles. Attempts to postpone the decision cannot be excused and they are harmful for the state," she said. The MEP added that proposals to postpone accession to the euro zone may have a damaging effect on Lithuania's independence. The adoption ...
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