Lithuania will become the nineteenth member country of the Eurozone.
On 23 July 2014 the European Parliament approved the entry of Lithuania in the Euro Zone.
Member of the European Union since 2004, requested to join the Euro in 2007-2008. However, this request was rejected for having inflation slightly above the allowed limit and it was not until this year when the country has finally reached all the requirements to enter the single currency framework.
On January 1, 2015, Lithuania will become the nineteenth member country of the Eurozone. The change will be 3.45280 LTL per euro. The Lithuanians have a period of two weeks to get used to the new currency as from January 16, 2015, the litas will cease to be legal tender.
The design of the national side of euro coins Lithuanian was introduced in November 2004 and is composed by the 12 stars of the European Union, the word LIETUVA and the coat of arms of Lithuania known as Vytis.
In the case of banknotes, as since its introduction in 2002, will be identical to those in legal tender today.
We now have one more!
