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Inflation threat to Lithuanian euro

  • 2013-02-20
  • From wire reports
VILNIUS - Latvia is sailing smoothly on course to joining the euro next year, but Lithuania’s situation is looking more rocky, a fresh analysis by Sweden’s SEB has found, reports LETA.Earlier this month, Latvian lawmakers adopted a law regulating the technicalities of transitioning to the euro. According to SEB, Latvia will easily meet the requirements when it is evaluated by officials in the spring on its way to becoming the 18th eurozone country in January 2014.Meanwhile, Lithuania hopes to adopt the euro at the beginning of 2015. But SEB said its chance of success ...
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