faux 2,190 Posted January 3, 2015 Share Posted January 3, 2015 Lithuania joined the euro zone on Thursday, despite long-lasting fears about the currency union's economic health, and reignited worries about Greece exiting the group. The Baltic nation, which has a population of just 3 million, got the green light to adopt the euro in July 2014, and officially joined the euro zone on January 1. To qualify, Lithuania had to meet five economic "convergence criteria," including price and exchange rate stability and low levels of government debt and deficit. Its people will exchange their Lithuanian litas at a rate of 3.4528 to the euro. The country is likely to be the last new member of the union for a while, however. Romania is the only EU country with a target date to start using the euroâ€â€and that is four years away in 2019. Read more: http://www.cnbc.com/id/102303170 Here's a picture of how a Lithuanian 1 euro coin looks like: Link to post Share on other sites More sharing options...
KingOfSpain 10,010 Posted January 3, 2015 Share Posted January 3, 2015 Welcome to the EuroZone. You'll probably regret http://gagadaily.com/forums/topic/227246-ceremony-gagas-videography-megarate/ Link to post Share on other sites More sharing options...
Lady 748 Posted January 3, 2015 Share Posted January 3, 2015 Congrats from Estonia! Link to post Share on other sites More sharing options...
Luc 4,776 Posted January 3, 2015 Share Posted January 3, 2015 good, we need more stable countries joining the Eurozone. This will make their exports/imports increase (aka economy growth), make their debt interest lower (better credit rating, more trusted by investors) and (for them an important reason) will make their political influence in the EU bigger. Wouldn't want Romania to join the Eurozone tho Link to post Share on other sites More sharing options...
faux 2,190 Posted January 3, 2015 Author Share Posted January 3, 2015 Welcome to the EuroZone. You'll probably regret Well yes, it's risky, but I'm looking forward! Link to post Share on other sites More sharing options...
Melech 9,900 Posted January 3, 2015 Share Posted January 3, 2015 Welcome to the EuroZone. You'll probably regret I doubt that Lithuania will struggle. And congrats Lithuania :legend: Link to post Share on other sites More sharing options...
Paco 3,040 Posted January 3, 2015 Share Posted January 3, 2015 Now you don't need a visa to come see me Algi, no excuse Link to post Share on other sites More sharing options...
KingOfSpain 10,010 Posted January 3, 2015 Share Posted January 3, 2015 good, we need more stable countries joining the Eurozone. This will make their exports/imports increase (aka economy growth), make their debt interest lower (better credit rating, more trusted by investors) and (for them an important reason) will make their political influence in the EU bigger. Wouldn't want Romania to join the Eurozone tho Luc why don't you go to Berlin and snatch Merkel's weave like right now. http://gagadaily.com/forums/topic/227246-ceremony-gagas-videography-megarate/ Link to post Share on other sites More sharing options...
Dolev 867 Posted January 3, 2015 Share Posted January 3, 2015 Goodluck! Link to post Share on other sites More sharing options...
Luc 4,776 Posted January 3, 2015 Share Posted January 3, 2015 Luc why don't you go to Berlin and snatch Merkel's weave like right now. Because I'm a 16 year old kid who thinks he knows things while just reading stuff on wikipedia and newssites and I'm not even going to study anything close to economy, probably something with biology I'd love to have an important function tho but Merkel's doing just fine, her conservative politics work really well for Europe. Link to post Share on other sites More sharing options...
Melech 9,900 Posted January 3, 2015 Share Posted January 3, 2015 Luc why don't you go to Berlin and snatch Merkel's weave like right now. No Merkel is good for me Link to post Share on other sites More sharing options...
KingOfSpain 10,010 Posted January 3, 2015 Share Posted January 3, 2015 Because I'm a 16 year old kid who thinks he knows things while just reading stuff on wikipedia and newssites and I'm not even going to study anything close to economy, probably something with biology You still slay http://gagadaily.com/forums/topic/227246-ceremony-gagas-videography-megarate/ Link to post Share on other sites More sharing options...
Melech 9,900 Posted January 3, 2015 Share Posted January 3, 2015 Because I'm a 16 year old kid who thinks he knows things while just reading stuff on wikipedia and newssites and I'm not even going to study anything close to economy, probably something with biology Merkel studied physics :giggle: Link to post Share on other sites More sharing options...
KingOfSpain 10,010 Posted January 3, 2015 Share Posted January 3, 2015 No Merkel is good for me It's ok for me too http://gagadaily.com/forums/topic/227246-ceremony-gagas-videography-megarate/ Link to post Share on other sites More sharing options...
StarryNight 10,107 Posted January 3, 2015 Share Posted January 3, 2015 good, we need more stable countries joining the Eurozone. This will make their exports/imports increase (aka economy growth), make their debt interest lower (better credit rating, more trusted by investors) and (for them an important reason) will make their political influence in the EU bigger. Wouldn't want Romania to join the Eurozone tho a 15yo boy Link to post Share on other sites More sharing options...
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