Jurgita Slizyte
Jurgita Slizyte

Lithuania in a nutshell:

  • Vilnius – the Jewel of Baroque
  • Amber Coast
  • Bohemian and charming
  • Champion of culture
  • Basketball as religion
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Lithuania has joined Baltic neighbours in euro club

Lithuania has joined Baltic neighbours in euro club
26.01.2015

Lithuania adopted the euro on 1 January 2015, following its Baltic neighbours Estonia and Latvia into the currency bloc. Estonia adopted the euro in 2011, and Latvia in 2014 – and the experience has been positive for them. With Lithuania's entry the eurozone now has 19 members.
 

Some Lithuanians fear price rises, but opinion polls point to growing optimism towards the euro. Government officials believe the euro will not only boost investment but will also bring deeper integration with the West.

The small nation of 3.3 million is getting its fourth currency in 25 years - after the Soviet rouble, the 1991-1993 talonas and the litas. In the 28-member European Union, 337 million people now share a common currency, with three million Lithuanians.