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European Commission: Lithuania ready to join Eurozone in 2015
European Commission: Lithuania ready to join Eurozone in 2015

Lithuania will become the 19th nation to adopt Europe's common currency next year when it joins its Baltic sister republics in the Eurozone. The European Commission announced Wednesday that the former Soviet republic that failed to meet Eurozone entry criteria in its bid eight years ago had brought inflation, debt and other economic health indices within European Union parameters and is now ready to integrate into the community of euro users. "Lithuania's readiness to adopt the euro reflects its long-standing support for prudent fiscal policies and economic reforms," Commission Vice President Olli Rehn said in a statement from Brussels. Reform undertaken since the...

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