Euro Volatility May Shun New Members to Join

“Talk of adopting the euro is thin on the ground before Lithuanian elections next month as politicians align with popular opposition to the switch.

The Baltic nation will abandon the litas “when the euro zone is ready,” Prime Minister Andrius Kubilius said Aug. 28, putting into question a 2014 target to follow Estonia into the currency. While Latvian officials retain plans to join the euro area that year, support among the population is at a record low.”

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