Lithuania still planning to adopt euro in 2014
04.01.2012, 15:11A top Lithuanian government official says the country will do everything possible to join the eurozone in 2014 despite skepticism expressed by the country's president.
Virgis Valentinavicius, an adviser to Prime Minister Andrius Kubilius, said Tuesday that Lithuania would be able to meet the criteria for joining the eurozone by 2014, the government's stated goal.
However, President Dalia Grybauskaite said in an interview published Monday in the Veidas magazine that adopting the euro in 2014 was "unrealistic." She did not elaborate.
Economists have said that Lithuania's economy could encounter problems with its budget deficit and inflation as growth slows in 2012.