Lithuania Is One Small Step From Euro Zone: Sadzius

The video discusses Lithuania's potential ease in accessing international debt markets, with initial reliance on domestic borrowing. It covers Lithuania's preparation for Eurozone integration, including the exchange rate and economic readiness. Concerns about the weakening ruble and the Ukraine crisis are mentioned, alongside optimism for economic growth. The advantages of Eurozone membership, such as competitiveness and a better business climate, are highlighted. Revised growth expectations for Lithuania and changes in the ECB voting system are also discussed.

What is the official exchange rate for Lithuania's currency to the euro?

• 2.45 liters per euro

• 5.45 liters per euro

• 4.35 liters per euro

• 3.45 liters per euro

What concern did Mark express regarding the economic situation?

• The weakening ruble

• The rising inflation

• The increasing unemployment

• The declining GDP

What is one of the advantages of Lithuania joining the eurozone?

• Improved competitiveness

• Higher inflation

• Increased unemployment

• Decreased foreign investment

What is the revised growth expectation for Lithuania?

• 1.7% to 1.9%

• 4.7% to 4.9%

• 2.7% to 2.9%

• 3.7% to 3.9%

How often will Germany vote for the President of Bundesbank in ECB meetings?

• 3 out of every 5 meetings

• 2 out of every 5 meetings

• 5 out of every 5 meetings

• 4 out of every 5 meetings