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ECB President set to visit Lithuania ahead of currency switch over

  • 2014-08-27
  • From wire reports, VILNIUS

European Central Bank President Mario Draghi (photo: twitter)

The President of the European Central Bank, Mario Draghi, will visit Lithuania for the first time next month.

Lithuania is set to become the 19th eurozone member on January 1, 2015. Shops in Lithuania have begun to show prices in litas and euros to help residents adapt to the switch over.

During the visit Draghi will participate in a conference dedicated to the euro adoption and visit the Bank of Lithuania.

Draghi is also set to meet with Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania and present him with the symbolic euro star, traditionally presented to the central bank of the country that will be joining the euro area, ELTA reports.