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2010-02-09 11:28

Kubilius eyes euro adoption in 2014

Lithuania will be able to introduce the euro in 2014 because the country is on its way to meeting the strict standards for adopting the single European currency as set out in the Maastricht treaty, Andrius Kubilius has told Lithuanian Radio in an interview.According to the prime minister, the harsh fiscal medicine introduced by his government is helping to put the state's books in order and has placed a lid on runaway spending."We are now beginning to put in place a whole array of structural reforms ...