EU: Euro changeover in Lithuania successful

GMT 12:24 2015 Wednesday ,07 January

Arab Today, arab today EU: Euro changeover in Lithuania successful

Euro in Lithuania
Brussels - KUNA

Lithuania adopted the euro as its official currency on 1 January and the changeover is running smoothly and according to plan, the European Commission said in a statement tonight.
The previous national currency - the litas - will be phased out during a transitional two-week dual circulation period when both currencies have legal tender status in Lithuania. By Saturday, 3 January, 89 percent of customers were getting their change in euro.
No major problems have been encountered so far and banks and retailers were generally doing well in the first days of the changeover, it noted.
Lithuania is the 19th EU member state to adopt the common currency , euro.

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