With Eyes on Russia, Lithuania Joins Eurozone

Lithuania joined the eurozone Thursday, hoping to anchor itself in Europe as its former master Russia flexes its military muscle in the region. The first Soviet republic to declare independence, in 1990, Lithuania is the last of the three Baltic states to join the currency union and will be the last country to do so for the foreseeable future. By becoming the 19th member of the euro bloc, Lithuania hopes for a boost in trade and lower borrowing costs to help it recover from a 15...

© La Voix de l'Amérique - mercredi 31 décembre 2014