Lithuania
Interview: Vitas Vasiliauskas
Well-balanced, sustainable growth is the priority target, new governor of the Bank of Lithuania tells CentralBanking.com
Change at the top for Lithuania
Vitas Vasiliauskas to succeed Šarkinas at the helm of the Bank of Lithuania
IMF paper on foreign credit expansion in European EMEs
Fund study finds evidence of significant increase in level of foreign credit growth in emerging European countries
Nordic and Baltic regions strike financial stability deal
Eight Nordic and Baltic countries sign Memorandum of Understanding on cross-border financial stability and crisis management
S&P downgrades Latvia, Estonia
Latvia’s and Estonia’s long-term sovereign ratings downgraded, Lithuanian rating’s outlook put on negative watch
Trade spillovers hit Baltics most
Trade channels dominate the transmission of cross-border spillovers to the Baltic States, a new paper from the International Monetary Fund reveals.
Lithuania's Sarkinas parries currency concerns
Reinoldijus Sarkinas, the governor of Bank of Lithuania, has said that the country's economy is on a much sounder footing than Latvia in an attempt to soothe fears that a devaluation by its Baltic neighbour would threaten regional stability.
Lithuania, Turkey in talks with IMF
Lithuania and Turkey have both confirmed that they are in talks with the International Monetary Fund (IMF) about possible loans.
Estonia dismisses currency claims
The Bank of Estonia on Monday denied rumours that it was set to devalue the kroon, which is pegged to the euro.
Estonia delays euro entry
The Bank of Estonia has said that Estonia would not meet EU criteria for eurozone accession in the years 2008-2009 and thus would not be able to adopt the common currency in 2010.
Bank of Lithuania - Annual Report 2006
Lithuania's chance of joining the euro will be after 2010, the governor of the central bank candidly admits in the annual report for 2006.
Central banks sign MoU on financial crises
An agreement entitled "Memorandum of Understanding on Management of a financial crisis in banks with cross-border subsidiaries or branches" was signed in Stockholm Monday 18 December by the central banks of Sweden, Estonia, Latvia and Lithuania.
Almunia silent on date for Lithuanian euro entry
EU economic and monetary affairs commissioner Joachim Almunia declined to set a date for Lithuania to enter the eurozone in a speech Monday 2 October.
Eastern Europe's risky credit boom
Sky-rocketing lending is a real worry for policymakers, but with one eye on the euro, their options are limited writes Dubravko Mihaljek
Lithuania sets sights on eurozone entry in 2009
The Lithuanian government has said that it will pass a euro adoption plan this Autumn, according to a local press report.
Lithuania's new PM pencils in euro for 2009-2010
Lithuania's new Prime Minister, Gediminas Kirkilas, said the country is unlikely to join the euro zone before 2009, BNS reported citing the Delfi news portal.
Comment: Left out in the cold
While Slovenia celebrates its imminent entry to the eurozone, the Baltic aspirants can feel more than a little peeved by Brussels' handling of their efforts to join the club.
Bank of Lithuania - Annual Report 2005
According to the Bank of Lithuania's Annual Report 2005, after a short slackening at the beginning of 2005, the annual growth rate of real consumption expenditure gained momentum peaking at the end of the year.
Comment: Eastern European tightrope
Amidst renewed inflation fears in the developed world and the prospects of further interest rate hikes there, a number of central banks in Eastern Europe and the Baltics will be silently grateful for a little bit of latitude. But with question marks…
EU vetoes Lithuanian euro entry, endorses Slovenia
This article published Tuesday 16 May reports news that the European Union has turned down Lithuania's bid to adopt the euro, the first time a nation has been rejected since the common currency's creation in 1999. However, Slovenia has got the nod of…
Comment: Flawed convergence criteria?
Willem Buiter and Anne Sibert, two London-based academics, have slammed the Maastricht criteria for entry into the eurozone. They point to a number of inconsistencies in way the conditions are applied and suggest that the current formulation "makes no…
Bank of Lithuania - Annual Report 2004
According to the Bank of Lithuania's Annual Report 2004, the year 2004 was marked by two important events: Lithuania became a member of NATO and the European Union.
Prime Minister of Lithuania visits ECB
The Prime Minister of the Republic of Lithuania, HE Algirdas Brazauskas, visited the European Central Bank (ECB) on Tuesday.
EU's Almunia says Slovenia meets euro criteria
EU economic and monetary affairs commissioner Joaquin Almunia has said Slovenia stands alone as the only euro entry candidate that currently qualifies for membership of the single currency.