Lithuania´s Government Aims to Join Eurozone

People ♦ Published: October 31, 2012; 16:55 ♦ (Vindobona)

The social democrat Algirdas Butkevicius may become Lithuania´s next Prime Minister. His main targets are austerity and the accession to the Eurozone.

Lithuania´s Government Aims to Join Eurozone / Picture: ©

After the elections last week, the social democrats have good prospects to return to power. Butkevicius is likely to succeed the conservative Andrius Kubilius. Butkevicius wants Lithuania to become a Eurozone member in 2015. The main target is to keep the budget deficit below 2.5% of GDP. Moreover, the social democrats want to increase the minimum wage to € 300 per month. At the…