| The European Commission and the European Central Bank have approved Lithuania's application to join the euro currency union, positioning the Baltic state to become the bloc's 19th member.
Lithuania is set to adopt the euro currency in 2015, following a decision by the European Commission and European Central Bank on Wednesday. The largest of the Baltic states and the last one to join the euro, Lithuania has managed to fulfill all of the requirements of joining the common currency, from tempering inflation to keeping its government deficit in check, the Commission said...............................................Full Article: Source
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