Lithuania To Take Decision on Euro Referendum

The Lituanian parliament is to debate a motion which proposes holding a referendum on euro membership. Lithuania is scheduled to join the euro in 2007. The Prague Daily Monitor also has an article which draws attention to the growing ‘euro’ scepticism in the Czech republic.

The Lithuanian parliament will vote on whether or not to hold a referendum on the introduction of the single currency to the country, according to news agency AFP.

The Lithuanian opposition Liberal Democrat party has gathered the necessary 36 signatures required for the parliament to vote on the matter. It has now to do so within a month, as under Lithuanian law, lawmakers have to vote within one month after a proposal is introduced, says the press agency. After the EU Constitution was rejected by France and the Netherlands, the euro has found itself at the centre of debates.”