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Lithuania And The Euro
Lithuania, as an EU member state, joined the eurozone by adopting the euro on 1 January 2015. This made it the last of the three Baltic states to adopt the euro, after Estonia (2011) and Latvia (2014). Before then, its currency, the litas, was pegged to the euro at 3.4528 litas to 1 euro. History All members of the European Union, except Denmark, are required by treaty to join the eurozone once certain economic criteria have been met. The Lithuanian litas participated in ERM II since 28 June 2004, and was pegged to the euro at a rate of 3.45280 litai = €1. Lithuania originally set 1 January 2007 as its target date for adopting the euro, and in March 2006 requested that the European Commission and the European Central Bank conduct an assessment on their readiness to adopt the currency. The Commission's report found that while Lithuania met four of the five criteria, their average annual inflation was 2.7%, exceeding the limit of 2.6%. As a result, the Commission concluded t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Lithuanian Euro Starter Kit 2
Lithuanian may refer to: * Something of, from, or related to Lithuania, a country in the Baltic region in northern Europe ** Lithuanian language ** Lithuanians, a Baltic ethnic group, native to Lithuania and the immediate geographical region ** Lithuanian cuisine ** Lithuanian culture Other uses * Lithuanian Jews as often called "Lithuanians" (''Lita'im'' or ''Litvaks'') by other Jews, sometimes used to mean Mitnagdim * Grand Duchy of Lithuania * Polish–Lithuanian Commonwealth See also * List of Lithuanians This is a list of Lithuanians, both people of Lithuanian descent and people with the birthplace or citizenship of Lithuania. In a case when a person was born in the territory of former Grand Duchy of Lithuania and not in the territory of moder ... {{disambig Language and nationality disambiguation pages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bank Of Lithuania
The Bank of Lithuania () is the national central bank for Lithuania within the Eurosystem. It was the Lithuanian central bank from 1922 to 2014, albeit with a long suspension between 1940 and 1993. It issued the Lithuanian litas between 1922 and 1940, the Lithuanian talonas in 1991-1993, then a second litas from 1993 to 2014. Since 2015, it has also been Lithuania's national competent authority within European Banking Supervision. History The Bank of Lithuania was first established in Kaunas on 27 September 1922. Its first governor was Vladas Jurgutis. The first task of the bank was to replace German ostmark and ostrubel, which circulated after the World War I, with the new Lithuanian currency, the litas. The bank's mandate extended beyond a pure monetary authority, as it also entailed a developmental role with the possibility of allocating short-term credit to industry and agriculture. In 1931, the bank became a member of the Bank for International Settlements (BIS) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Seimas
The Seimas of the Republic of Lithuania (), or simply the Seimas ( ; ), is the unicameralism, unicameral legislative body of the Lithuania, Republic of Lithuania. The Seimas constitutes the legislative branch of Government of Lithuania, government in Lithuania, enacting laws and amendments to the Constitution of Lithuania, Constitution, passing the budget, confirming the Prime Minister and the Government of Lithuania, Government and controlling their activities. Its 141 members are elected for a four-year term, with 71 elected in individual constituencies, and 70 elected in a nationwide vote based on open list proportional representation. A party must receive at least 5%, and a multi-party union at least 7%, of the national vote to qualify for the proportional representation seats. Following the 2024 Lithuanian parliamentary election, elections in 2024, the Social Democratic Party of Lithuania is the largest party in the Seimas, signing an agreement to form a coalition governm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Loreta Graužinienė
Loreta Graužinienė (born 10 January 1963) is a Lithuanian politician and altruist former Speaker of the SeimasLoreta_Graužinienė lrs.lt, and former leader of the Lithuanian Labour party. Life Graužinienė was born in in northeastern . She studied at Rokiškio Juozas Tumas-Vaižgantas gymnasium. She is married and has two children. Graužinienė has been the member of the Lithuanian parliament, the Seimas since 2004. She is the fo ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
15 Min
''15min'' () is one of the largest news websites in Lithuania, attracting over one million unique users per month. JSC "15min" is owned by the Lithuanian company "4 Bees," which is owned by Tomas Balžekas, Martynas Basokas, Gabrielė Burbienė, and Tomas Bindokas. History Founded on 1 September 2005, ''15min'' started as a daily newspaper distributed freely across Vilnius, Kaunas, and Klaipėda through various channels, including in public transport, streets, and some cafés. Seven months later, the Norwegian media conglomerate Schibsted acquired the company overseeing its operations. On 7 August 2008, the company expanded its reach by launching the online news portal ''15min.lt''. The frequency of publication was reduced to three times per week as of Autumn 2009. In December 2011, the publication transitioned into a weekly newspaper obtainable in seven Lithuanian cities. Additionally, it launched a subscription delivery in April 2012. In June 2013, the newspaper underwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Algirdas Butkevičius
Algirdas Butkevičius (born 19 November 1958) is a Lithuanian politician and was Prime Minister of Lithuania, serving between 2012 and 2016. He also served as the Minister of Finance from 2004 to 2005 and the Minister of Transport and Communications from 2006 to 2008. He led the Social Democratic Party of Lithuania from 2009 to 2017. Political career Butkevičius was born at Paežeriai village in Radviliškis district municipality. Since 1992 he is member of the Social Democratic Party of Lithuania (LSDP). He was chairman of the Vilkaviškis District section of LSDP in 1995–1997, deputy chairman of the LSDP in 1999–2005 (re-elected in 2001), and chairman of the LSDP since 2009. In 1996 and 2000, he was elected to the Seimas (parliament). From 2004 to 2005 he served as Minister of Finance and from 2006 to 2008 as Minister of Transport and Communications. Butkevičius was the LSDP's candidate in the 2009 presidential election, placing second with 11.83% of the votes. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Order And Justice
Order and Justice (, TT), formerly the Liberal Democratic Party (''Liberalų Demokratų Partija'', LDP) was a right-wing national-conservative political party in Lithuania that self-identified as " left-of-centre", at least on economic matters. It had eight members in the Seimas, the unicameral Lithuanian parliament, as of the last election it participated in (2016). Formed as the 'Liberal Democratic Party' in 2002, the party achieved almost immediate success with the election of leader Rolandas Paksas as President of Lithuania within its first year. Paksas's impeachment led to the party reorganising itself as 'Order and Justice' to compete in the 2004 parliamentary election. Since then, it was the fourth-largest party in the Seimas, and finished third in the elections to the European Parliament and to the presidency. The party sat on the right, possessed a radical and anti-establishment identity, and has been described as both socially conservative and ' liberal' or ' right ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Labour Party (Lithuania)
The Labour Party (, DP) is a populist centre-left political party in Lithuania. The party was founded in 2003 by the Russian-born millionaire businessman and member of Seimas Viktor Uspaskich. History Foundation and first government (2003–2006) In its first electoral test, the 2004 European parliamentary elections, it was by far the most successful party, gaining 30.2% of the vote and returning five MEPs. It joined the European Democratic Party and thus the Alliance of Liberals and Democrats for Europe (ALDE) Group. At the legislative elections of 2004, the party won 28.4% of the popular vote and 39 out of 141 seats, making it the largest single party in the Parliament of Lithuania. After the election, Labour formed a coalition government with the Social Democratic Party of Lithuania, New Union and Lithuanian Peasant Popular Union. After the 2004 Lithuanian parliamentary election, sociologist Vladas Gaidys speculated that the Labour Party supporters had previously ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Social Democratic Party Of Lithuania
The Social Democratic Party of Lithuania (, LSDP) is a centre-left and social democratic political party in Lithuania. Founded as an underground Marxist organisation in 1896, it is the oldest extant party in Lithuania. During the time of the Soviet Union, the party went into exile, emerging once again after the end of communist rule in 1989. The party led a government in the unicameral Seimas, Lithuania's parliament from 2001 to 2008 and from 2012 to 2016. It has been the ruling party of Lithuania since 2024. The party is a member of the Party of European Socialists (PES), Progressive Alliance, and Socialist International. History Establishment Initial discussions about forming a Marxist political party in Lithuania began early in 1895, with a number of informal gatherings bringing together social democrats of various stripes resulting in a preparatory conference in the summer of that year. Differences in objectives became clear between ethnic Jews and ethnic Lithuani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
2012 Lithuanian Parliamentary Election
Parliamentary elections were held in Lithuania on 14 October 2012, with a second round on 28 October in the constituencies where no candidate won a majority in the first round of voting. All 141 seats in the Seimas were up for election; 71 in single-seat constituencies elected by majority vote and the remaining 70 in a nationwide constituency based on proportional representation. Together with the elections, a referendum on the construction of a new nuclear power plant was held.Ex-President Valdas Adamkus calls scheduled nuclear plant referendum a mockery 15 min, 7 August 2012 The [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
