Wednesday, December 31, 2014

Lithuania 19th member of the eurozone – Interia

Lithuania 19th member of the eurozone – Interia

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Lithuania itself struck their coins / AFP

Latvians euro pay for 12 months, and the inhabitants of Estonia – 4 years. Vilnius authorities argue that the introduction of the common currency are prepared and used the fresh experience of governments in Tallinn and Riga.

The official exchange rate set in the middle of the year by the Council of the European Union is 3.45 litas for one euro. From August prices in the shops are already given in two currencies. For the first two weeks of next year you will be able to pay even litami Lithuania and commercial banks will exchange coins and banknotes until the end of 2015.

According to the adopted rule, euro coins in all EU countries have a common emblem and national obverse. Lithuanian euro coins are stamped image of “Chase” – armored knight on horseback, which is the emblem of the country. The local mint has prepared 370 million pieces of coins.

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More than half of the population of Lithuania supports the running of the euro. This is the result of research conducted by the company in December Berent Baltic Research. 53 percent of Lithuanians euro says “yes,” while 39 percent of respondents, is skeptical about the European currency, and 8 percent have no opinion on the matter.

The Lithuanian province introduction of the euro supports 52 percent of the citizens, and in large cities – 54 percent. According to Vitas Vasiliauskas, Governor of the Bank of Lithuania, from the experience of other countries shows that people are starting to look more favorably perceived euro after its launch.

When the Central Bank of Lithuania young enthusiasts built a farewell to the currency symbol Lithuanian – pyramid of pennies. The financial value of the pyramid – 10,000 litas, which is about 3000 euros. After January 1, the money will be donated to charity.

Source of information:  IAR

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