Lithuania on track to join euro at second time of asking

bank-of-lithuania

Lithuania is on track to become the nineteenth member of the eurozone in 2015, according to a range of new forecasts published by the country's central bank.

If Lithuania is to adopt the euro in 2015, it must meet a host of convergence criteria. The country's inflation rate, government deficit, government debt and long-term interest rates must all be kept within certain "reference levels".

The Bank of Lithuania has started publishing forecasts for each of these variables. Rūta Rodzko, the centra

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