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Euro adoption top of list

Jan 08, 2014
From wire report

VILNIUS - Lithuania’s Minister of Finance Rimantas Sadzius agreed that the most significant issue in the state’s economic policy in 2014 was to be the euro adoption, reports ELTA. According to the minister, the euro introduction in Lithuania was the essential condition for the successful development of the economy.

“On January 1, the event which significantly changed the situation of Lithuania’s economy happened. And I think that this is high time to declare that the introduction of the euro in Lithuania will be the essential condition for the successful development of the country’s economy in the future. And as soon as we strongly keep to our plans to adopt the euro from Jan. 1, 2015, we can avoid some of the perturbations which are related to flows of investments,” said Sadzius while giving an interview on radio Ziniu Radijas on Jan. 2.

According to the minister, the benefits of the euro are to be felt by all people equally.
Sadzius highlighted that the euro in Latvia and Estonia can be the reason for investments missing Lithuania.
While commenting on the proposal to hold the referendum on euro adoption, Sadzius said that citizens had already expressed their opinion during the 2003 referendum on the EU membership.
 

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