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Lithuania Monetary Union & Eurozone News is an EIN News Service for political professionals. Constantly updated news and information about Lithuania EU Politics.
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Latest Lithuania Monetary Union & Eurozone News

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  • Verhofstadt invites Eastern Europe to adopt euro 27 Nov 2009 08:10 GMT
    ... Poland, the Czech Republic, Hungary, Estonia, Latvia, Lithuania, Bulgaria and Romania, as part of his plans ... euro until the country concerned joins the eurozone. The idea of introducing the euro early ... are outside the protective umbrella of the euro zone. The participation in the Eurozone is an ...

  • Ingrida Simonyte: Lithuania may miss deficit deadline 27 Nov 2009 11:11 GMT
    ... 2011, the commission estimated on Nov. 3. Lithuania is struggling through its worst recession since ... a more realistic date to think about euro adoption; 2013 can be a very ambitious ... demand just because of getting into the euro zone," she said. "But the euro is ...

  • EU industrial new orders up 1.7% 24 Nov 2009 11:34 GMT
    ... manufacturing orders worked on in September among EU members, according to new figures released today. ... shows that industrial new orders in the euro zone rose by 1.5 per cent in September ... largest decreases were in Estonia, Portugal and Lithuania. For the 12-month period ended September 30th, ...

  • Siim Kallas: Estonia will join eurozone three years before Latvia and Lithuania 23 Nov 2009 10:02 GMT
    ... likely attain its goal, and adopt the euro in 2011. Kallas said that this does ... will win over investors from Latvia and Lithuania, thereby impairing their competitiveness. Kallas believes that Estonia's ... and Lithuania after its accession to the eurozone. ...

  • EU recession over but sharp contrasts in East 23 Nov 2009 05:12 GMT
    ... 10 ex-communist countries that have joined the EU since 2004. The situation in Poland, the ... he said. The Baltic trio of Latvia, Lithuania and Estonia had earned reputations as tigers within the ... January, joining ex-communist Slovenia in the 16-nation eurozone, and is heavily dependent on car and ...

  • EU recession over, but sharp contrasts in east 22 Nov 2009 05:47 GMT
    ... the The situation in Poland, the only EU nation to have enjoyed sustained growth this ... he said. The Baltic trio of Latvia, Lithuania and Estonia had earned reputations as tigers within the ... January, joining ex-communist Slovenia in the 16-nation eurozone, and is heavily dependent on car and ...

  • Deepening economic crisis in Eastern Europe 24 Nov 2009 09:04 GMT
    ... for the neighboring countries of Estonia and Lithuania have climbed significantly in recent weeks. It is ... introduced the euro. Eight other east European EU member states still retain their national currencies. ... a member of the presiding board of Eurozone countries, warned of overly hasty moves to introduce ...

  • EU gives staff inflation-busting pay rise 26 Nov 2009 21:34 GMT
    ... Despite efforts by the European Commission to get European countries to clamp ... measures the cost of living in eight EU countries -- Belgium, Britain, France, Germany, Italy, ... The Baltic states of Estonia, Latvia and Lithuania, as well as Greece, and Hungary, have ...

  • 'Europa Universalis III: In Nomine' - v3.2 Patch Available NOW 25 Nov 2009 16:42 GMT
    ... - The AI will no longer gain inflation when going bankrupt to reduce cycles of ... Added a new province for Holstein. - Lithuania is now Orthodox during the two years ... that the forum wishes for the next EU III expansion was aligned with our visions ...

  • SEB: Nordic Outlook: Recovery while awaiting exit policy 24 Nov 2009 13:37 GMT
    ... being exaggerated. The United States and the euro zone will raise their key interest rates cautiously ... well-positioned both in the short and long term - strong fundamentals pay off. GDP growth ... three Baltic countries - Estonia, Latvia and Lithuania. It also has a local presence in ...

  • US recovery weaker than first thought 25 Nov 2009 01:50 GMT
    ... There was also positive news from the euro zone's second- largest economy, with French consumer spending ... manufacturing orders worked on in September among EU members, according to figures released yesterday. Data ... largest decreases were in Estonia, Portugal and Lithuania. - (Additional reporting: Copyright the Financial Times ...

  • SEB: Baltic countries to tighten their belts in 2010 26 Nov 2009 12:13 GMT
    ... should increase by 4%. Experts predict that Lithuanian economy will decrease by 15.5% this year, ... is realistic for Estonia to join the euro zone in 2011. Currently, the country meets ...

  • Baltics look on the bright side of life for 2009 23 Nov 2009 14:34 GMT
    ... jobless figures rising in Estonia, Latvia and Lithuania and swingeing public spending cuts already starting ... we have had twelve months of high inflation. But the price of our Russian-language editions ... preparations as Vilnius assumes the role as European Capital of Culture - along with the ...

  • Rebalancing in the Baltics: A Preliminary Assessment 23 Nov 2009 16:17 GMT
    ... tune of 15.9%, 15.4% and 10.5% in Lithuania, Estonia, and Latvia respectively. The average quarterly ... correct its external imbalance (be it with Europe, China, Japan et al kicking and screaming ... the 0% line and Lithuania still producing inflation rates at some 2%. Moving on to ...

  • 'There was no better solution' 25 Nov 2009 11:55 GMT
    ... a huge foreign debt. There was rampant inflation. At the same time, there was a ... unrest in all of Central and Eastern Europe. It directly affected the way in which ... independence by Poland, the then Czechoslovakia, Hungary, Lithuania, Latvia, Estonia and Ukraine simply would not ...


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