Maža kaina - didelė vertė. Prenumerata vos nuo 1,00 Eur!
Išbandyti
2013 09 26

Economist Gitanas Nausėda: Lithuania's euro entry may depend on political factors rather than economic

Euro adoption in Lithuania may depend more on political factors than on economic reasons, Gitanas Nausėda, an adviser to the president of SEB Bankas, believes.
Gitanas Nausėda
Gitanas Nausėda / Andriaus Ufarto/BFL nuotr.
Temos: 1 Gitanas Nausėda

"I think that political tensions are more important than economic ones, because I do not see any strong economic reasons for not introducing the euro. One of my versions is that if the euro is introduced on January 1, 2015, and the changeover is not very successful, with the price rounding effect, organizational difficulties and further price hikes, that will set an unfavorable tone for the parties ahead of the 2016 general elections," he said.

Nausėda said that this had not been given much thought until recently.

"(Politicians) are starting to think about the next elections to the Seimas. Although none of them, even if pressed to the wall with a gun to their head, will admit that, but I think that their rhetoric has been obviously cooling recently. Perhaps only our prime minister remains enthusiastic about euro adoption," he said.

Lithuania aims to join the euro zone on January 1, 2015.

Report mistake

Successfully sent

Thank you

Economy

Lithuanian producers of EPS on the way to circular economy
Gilužio Rivjera by the real estate company Homa – hundreds of apartments and millions in investment
Capitalica fund successfully issued bonds amounting to EUR 5 million to finance the Verde project in Riga

Feature

State Progress Strategy 'Lithuania 2050': will Lithuania become the 'Silicon Valley' of social enterprise?
Citus Experts: Planning to Furbish or Brush Up your Home Interior? Get Ready for a Brutal Run
How do the country's most desirable employers nurture IT talents?

Opinion

Ramūnas Vilpišauskas. The president’s achievements in Brussels were modest
Laurynas Jonavičius. Will the new German government’s foreign policy coincide with Lithuanian interests?
Eastern Partnership ‘beyond westlessness’: a new momentum for the European integration

Politics

Taiwanese Minister Ming-hsin Kung – about Lithuania’s strengths and the two countries’ looming plans
The double standards of “values-based policy”: Lithuania did not join the condemnation of Turkey
Behind the scenes of ambassadorial appointments: Seimas looking for clarification on continuing questioning at the Presidential Palace
Užsisakykite 15min naujienlaiškius