Lithuania today in the euro, rising to 19 countries that use the … – AGI – Agenzia Journalistic Italy

Lithuania today in the euro, rising to 19 countries that use the … – AGI – Agenzia Journalistic Italy

19:01 January 1, 2015

(AGI) – Brussels, January 1 – At midnight the Euro has welcomed a new country and, with the entry of Lithuania, now the single currency, created 15 years ago and in actual circulation by 13, will be ‘used in 19 countries.

From today Latvia President of the EU

Despite the crisis, Euroscepticism and the various hypotheses of referendum to return to the old national currencies, and despite the concerns of the markets for the next elections in Greece, the Euro then continues its path of the single currency was launched in 1999 by Belgium, Germany, Ireland, Spain, France, Italy, Luxembourg, Netherlands, Austria, Portugal and Finland, to which you and ‘then added Greece in time for the start of the circulation of coins and banknotes since 2002.

The accession of Vilnius, according to the Vice President of the European Commission responsible for the single currency The “close” baltic Valdis Dombrovskis, Latvian, “marks the completion of the return of all the Baltic States in the heart of the political and economic system of our continent. It ‘a symbolic date not only for Lithuania, but for the same Eurozone, which remains stable, attractive and open to new entrants. “

” I am convinced – said Dombrovskis, the whose country, Latvia, assumes from tomorrow the rotating presidency of the EU Council – that the presence of the Baltic countries in the Euro will strengthen ‘the region’s economy by making it even more’ attractive business, trade and business. “

The GDP of Lithuania, 3.3 million inhabitants, and ‘growth from 2010 (+ 2.7% this year and 3.1% in 2015% estimated in Brussels), with a public debt of 41.3% and an estimated unemployment falling to 11.2% from 11.8% in 2013.
Commissioner for Economic and Financial Affairs Pierre Moscovici recalls instead of “policies sound fiscal and structural reforms successfully conducted from Lithuania have generated growth rates among the more ‘high in Europe, accompanied by a steady decline in unemployment. ”

Now, following a practice already ‘tested and perfected over the past two years from Latvia and Estonia, the euro will replace’ progressively “lita” as the currency of payment. It ‘will be a transition period of two weeks, during which the two currencies will be used in parallel to allow the withdrawal of the analyte. The official conversion rate and ‘of one euro to 3.45289 litas.