2013-03-28 13:32

Lithuania’s Finance Minister says interaction between Baltic countries insufficient

Interaction and exchange of information between the Baltic countries are insufficient and the countries are willing to fill this gap amid Lithuania’s preparations for the EU presidency as well as Lithuania’s and Latvia’s preparations to adopt the euro, Lithuania’s Finance Minister has said.
Rimantas Šadžius
Rimantas Šadžius / Tomo Urbelionio/BFL nuotr.

“These meetings, which were launched in 2007, became traditional once we saw that all three neighboring countries are the members of the European Union. However, that interaction, exchange of information, and understanding of what is going on in the neighboring country are insufficient. Hence today we will seek to find out, to share what is going on. Of course, it’s natural that the issue of the euro will prevail,” Rimantas Sadzius said in an interview to Ziniu Radijas on Thursday.

The finance ministers of Lithuania, Latvia and Estonia will meet in Vilnius on Thursday to discuss the adoption of the euro, Lithuania’s incoming EU Presidency and other relevant issues.

Estonia adopted the single currency in 2011. Latvia plans to join the euro zone in 2014 and Lithuania intends to follow the suit a year later, in 2015.

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