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Lithuania joins euro as tensions with neighbouring Russia rise. euractiv.com, January 5, 2015 Added 2015-01-05 Lithuania joined the eurozone at the stroke of midnight on Thursday, hoping to anchor itself in Europe, as its former master Russia flexes its military muscle in the region. The first Soviet republic to declare independence, in 1990, Lithuania...
Why Lithuania is about to adopt the euro, economist.com, Dec 15th 2014 Added 2014-12-18 THE euro zone is in a terrible state. Growth has been anaemic for years. It is on the verge of deflation, where prices fall, thereby pushing up the value of debt. Unemployment is high: in Spain and Greece it exceeds 20%. The debt-to-GDP ratio of...