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 will join the Euro in 2015

Lithuania will join the Euro in 2015

On July 23, 2014 the European Union General Affairs Council of Ministers has adopted the final decision on Lithuania’s participation in the Economic and Monetary Union (EMU) from 1 January 2015.

From this date Lithuania will become the 19th full-fledged member of the eurozone, which will start using the euro as the single currency of the European Union. The irrevocably fixed conversion rate of the litas to the euro has also been approved: EUR 1 = LTL 3. 45280. This ratio is the same as the current official exchange rate between the litas and the euro fixed by the Bank of Lithuania even in February 2002, when the litas was pegged to the euro. These decisions have completed the procedure of Lithuania’s acceptance into the eurozone.