Wed, 9 Jul 2008: Politicians calling for discontinuation of currency peg…
Jul 9, 2008 Baltics
The controversy began July 1, when the Lithuanian parliament adopted a resolution on "immediate measures to rein in the rise in prices and inflation." The resolution called on the government to ...Tags: Active State, Bank Of Lithuania, Controversy, Currency Board Regime, Defense Committee, Discontinuation, Inflation, July 1, Lithuanian Parliament, Measures, Monetary Policy, National Bank, National Security, Parliament, Poland, Politicians, Respo
Wed, 30 May 2007: S&P’s hits Lithuania with negative outlook…
May 30, 2007 Lithuania
The surge in disposable income, as well as rapid credit expansion, continue to stimulate strong domestic demand in 2007, despite some signs of a cooling in demand in the second half of 2006. As a...Tags: Budgets, Consequence, Credit Analyst, Credit Expansion, Currency Board Regime, Debt Levels, Demand Management, Disposable Income, Economy, Fiscal Policy, Fiscal Stance, Lithuania, Monetary Policy, Negative Outlook, Poor Credit, Scope, Second Half, Signs
Thu, 21 Oct 1999: Lithuania to skip euro/dollar peg…
Oct 21, 1999 Baltics
Reinoldijus Sarkinas also said that a devaluation of the litas would not be on the central bank's agenda when it prepared the next three-year monetary policy program for the country, and that the ...Tags: Currency Board Regime, Devaluation, Dire Need, Dollar Rate, Euro 2000, Euro Dollar, Litas, Lithuania, Monetary Policy, Peg, Strength Of The Dollar