Lithuania officially is in the Eurozone


Lithuania officially is in the Eurozone.


The second difficulty is euro's introduction's costs for business. Enterprises will have a lot of expenses due to need to reprogram their cash registers and other technique, recount the salaries and do other necessary things. Clearly, these expenses are inevitable and businessmen should have been prepared for that since the announcement about Lithuania's acceptance in the Eurozone. What is more, not having to exchange currency for international payments, companies will save a lot of money.

To conclude, the introduction of euro in Lithuania is expected to cause some issues. However, I am sure that they can be solved easily and the benefits of euro will prevail.

  • Politics Essays
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  • 2016 m.
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  • 1 page (266 words)
  • Evelina
  • Lithuania officially is in the Eurozone
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Lithuania officially is in the Eurozone. (March 8, 2016). https://documents.exchange/lithuania-officially-is-in-the-eurozone/ Reviewed on 18:41, January 18 2021
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