Vilnius (AFP) – Lithuania switched over to the euro on Thursday, becoming the last Baltic nation to adopt Europe’s single currency, in a bid to boost stability despite fears of inflation and eurozone debt woes.Baltic leaders withdrew their first euros from a Vilnius bank machine just after midnight, as the eurozone gained its 19th member and fireworks signed off a year marked by alarm over Russia’s role in the Ukraine conflict and its economic crisis.For a nation scarred by decades of Soviet occupation, eurozone entry is an important step and a symbol of “deeper economic and political integration with the …read more
Source: Business Insider