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Išbandyti
2013 02 19

LLRA leader Valdemar Tomaševski differs with government on Lithuania's euro adoption

MEP Valdemar Tomaševski, leader of the Electoral Action of Poles in Lithuania (LLRA), says the country should not rush into introducing the euro in 2015.
Valdemaras Tomaševskis
Valdemar Tomaševski / Juliaus Kalinsko / 15min nuotr.

In his words, the aspiration announced by Social Democratic Prime Minister Algirdas Butkevičius to introduce the common currency in 2015 is not a government decision yet and the ruling coalition has not seriously considered it.

"It's not a decision. (...) I think we shouldn't," Tomaševski told BNS when asked to comment on plans to introduce the euro in 2015.

The fate of the euro itself remains uncertain and the benefit of euro introduction is also dubious, he added.

"First of all, we still don't know the fate of the euro. The EU's southern countries have a lot of economic problems. (...) So now we will have to save, the living of our people is going down, the economy is not growing, and Greece and other states have benefits several times higher. So we will have to save to later support the southern economies. I disagree. I'm in favor of those economists who say that we need to do a financial injection and stimulate growth and not introduce austerity and stop the potential economic growth. It would be even worse in that case, it would be a vicious circle of lower revenues, lower pensions, wages and so on and so forth," the LLRA leader said.

He also added that "prices might go up dramatically" after the euro introduction.

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