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Euro adoption date rests on budget decisions

Dec 10, 2009
From wire reports

VILNIUS - According to initial estimates released by Eurostat, third quarter GDP in Lithuania increased by 6.1 percent against the previous quarter, and decreased by 14.2 percent compared with the year-earlier period, reports news agency ELTA. This compares favorably with GDP growth of 0.4 percent in the euro area, and 0.3 percent in the EU27 during the third quarter of 2009 versus the previous quarter. Lithuania is scrambling to adopt the euro sometime between 2013 and 2015, reports LETA. It ...

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