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Lithuania and the euro

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Lithuanian euro coins share a similar national side for all eight coins, and are expected to be issued from 2013 on. The difference between the coins are that one and two euro coins have vertical lines on the outer circle, the fifty, twenty and ten cent coins have horizontal lines on the outer circle, and the five, two and one cent coins have no lines on the outer circle. The design featuring the Vytis symbol and the word Lithuania was announced 11 November 2004, and was created by the sculptor Antanas Žukauskas.

However, a recent analysis of SEB bankas says that Lithuania cannot hope to adopt the euro before 2013 due to the high current inflation which reached 11% in October 2008, well above the Maastricht criterion of 4.2%.[1]

Lithuanian euro design

For images of the common side and a detailed description of the coins, see euro coins.

Depiction of Lithuanian euro coinage | Obverse side
€ 0.01 € 0.02 € 0.05
File:1centlithuanian.jpg File:1centlithuanian.jpg File:1centlithuanian.jpg
The Vytis, the Coat of arms of Lithuania.
€ 0.10 € 0.20 € 0.50
File:10centlithuanian.jpg File:20centlithuanian.jpg File:50centlithuanian.jpg
The Vytis, the Coat of arms of Lithuania.
€ 1.00 € 2.00 € 2 Coin Edge
File:1eurolithuanian.jpg File:2eurolithuanian.jpg Currently unknown
The Vytis, the Coat of arms of Lithuania.

References

  1. ^ "SEB: no euro for Lithuania before 2013". The Baltic Course. Retrieved 22 December 2008.