Lithuania ready for euro- president

  • 2013-11-01
  • From wire reports, BIRINI CASTLE

Lithuanian President Dalia Grybauskaite has no doubt that her country will be able to meet Maastricht criteria to join the eurozone in 2015, reports LETA.

Following an annual meeting of Baltic presidents at Birini Castle in Latvia on Oct. 31, Grybauskaite told members of the press that next year’s Lithuanian budget project is already without a deficit.

“The budget bill is as perfect as can be,” the Lithuanian president said.

She added that Lithuania’s inflation level is below the 1.8 percent threshold, and that the country’s debt level is also below the level set out in the Maastricht criteria.

“We believe we will meet all of the Maastricht criteria by spring,” she said.