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Lithuania´s Government Aims to Join Eurozone

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.

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…

This article includes a total of 96 words.

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