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Quote by Dalia Grybauskaite

“For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don't have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs.”

Quote by Dalia Grybauskaite

Author

Dalia Grybauskaite
Dalia Grybauskaite

Dalia Grybauskaite has been the President of Lithuania since 2009, a prominent figure in Lithuanian politics and a key player in European Union and United Nations affairs. She has held various roles within these organizations and has been involved in international diplomacy. more

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