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The euro is no longer a symbol of stability (Photo: Valentina Pop)

Is there a positive case for Lithuania to join the euro?

There are several arguments for Lithuania joining the single currency, but they don't all stand up.

I will take a look at some of them. The list is not complete, but it encompasses most of the conventional wisdom regarding the benefits of euro adoption in Lithuania.

One of the arguments is that adoption of the euro is a logical step as Lithuania operates a currency board with a peg to the euro. But this is not so.

The currency board was established in 1994 for the sake of s...

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The views expressed in this opinion piece are the author’s, not those of EUobserver
The euro is no longer a symbol of stability (Photo: Valentina Pop)

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