Lithuania comes in today for the euro area, exchanging the litas with the euro, extending the monetary union to 19 countries.
Lithuania, with about three million people and which joined the European Union (EU) in 2004, is the last of the three Baltic countries to join the euro zone, after Latvia and Estonia already have done, an action that is also seen as a strengthening of European integration at the threat that feels coming from Russia.
Also today will be the turn of another Baltic state, Latvia, assume the rotating presidency of the European Union (EU), staying for the next six months at the forefront of negotiations with Russia. The Russian intervention in Ukraine is considered the Baltic States the greatest threat since the end of the yoke of the Soviet Union.
Lithuania, Latvia and Estonia broke free from the Soviet Union in 1991 and joined the EU and NATO in 2004.
With Lusa
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