Tag: Lithuanian litas

Lithuanians getting used to euro cash

Lithuanians getting used to euro cash

The euro changeover in Lithuania is reaching its final stage. Once the dual circulation period comes to an end on 15 January 2015, cash payments may no longer be made in Lithuanian litas. Pursuant to a Commission survey, most cash payments in shops were made entirely in euro and all customers received their change in […]

Continue Reading

Lithuania to adopt euro on 1 January 2015

Lithuania to adopt euro on 1 January 2015

On 23 July, the Council today 1 adopted a decision allowing Lithuania to adopt the euro as its currency. The decision will enlarge the eurozone to 19 member states, including all three Baltic states, and give Lithuania more than five months to prepare for the changeover. The Council also adopted regulations setting a permanent conversion […]

Continue Reading