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International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 22:06

Lithuanian entrepreneurs want euro, but later

BC, Vilnius, 07.05.2013.Print version
Lithuanian Confederation of Industrialists carried out a survey which revealed that Lithuanian entrepreneurs approve of the euro but they disagree on the timing for the euro adoption, informs LETA/ELTA.

84% of 130 surveyed companies support the euro introduction in Lithuania, while 13% of domestic producers do not want to change the current currency – the litas. 3% refrained from answering.

 

However, opinions of the respondents differ on the date of the single currency introduction. 51% of respondents would like to join the euro area as soon as possible – in 2015, while 45% want to wait for the proper time when debt storms in Europe settle down.

 

Analyst at Confederation of Industrialists Aleksandras Izgorodinas thinks that the main reason why people are sceptical of the euro are worries that the adoption of the EU currency will hit the country's economy.






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