The results of stress testing revealed that the domestic financial system is ready to withstand a sharp deterioration in the state of the economy or financial markets. New macroprudential requirements for banks, to be applied from this year, will help enhance the stability of Lithuania's financial s...
Vitas Vasiliauskas EN
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Vitas Vasiliauskas (born June 15, 1973 in Kaunas) - lawyer, lecturer and a former political figure.
Chairman of the Board of the Bank of Lithuania, Vitas Vasiliauskas, begins his visit in Washington, DC, where he will attend the meetings of the International Monetary Fund (IMF) on 16-18 April. At these meetings, central bank governors and finance ministers will discuss measures for accelerating gl...
On Friday, 27 March, Finance Minister of France Michel Sapin will visit the Bank of Lithuania. The Chairman of the Board of the Bank of Lithuania, Vitas Vasiliauskas, during his meeting with Sapin will discuss progress in quantitative promotion, begun this month by the European Central Bank (ECB), a...
French Finance Minister Michel Sapin is coming to Lithuania this week to discuss the financial situation in the eurozone.
The Bank of Lithuania, jointly with the European Central Bank (ECB) and other central banks of the Eurosystem as of 9 March is undertaking an expanded asset purchase programme. Under this programme, the central banks of the Eurosystem will buy bonds issued by euro area governments, agencies and Euro...
On 29 January, the Bank of Lithuania issued into circulation a 50-euro collector coin, dedicated to coinage in the Grand Duchy of Lithuania. This is the first collector Lithuanian euro coin, the Bank of Lithuania said.
The number of attempts to pay with fake euro banknotes in Lithuania, which joined the eurozone almost a month ago, is on the decline, the central bank's governor said on Thursday.
Two weeks after the adoption of the euro, the single European currency now accounts for more than one-half, or some 60 percent, of cash in circulation in Lithuania, the central Bank of Lithuania said, reminding that Thursday is the last day when shoppers can use both currencies, the euro and the lit...
The amount of euro cash in circulation in Lithuania has already exceeded the amount of litas cash in the market, the governor of the central Bank of Lithuania has said.
Euros already account for nearly a third of all cash money in circulation in Lithuania, says Vitas Vasiliauskas, governor of the Bank of Lithuania.
Amid increasing speculation that Greece might exit the euro zone, the governor of the central bank of Lithuania, which has just adopted the single currency, says that a Greek withdrawal would have no major impact on Lithuania.
The governor of the central Bank of Lithuania says there have been no major difficulties in the process of changeover to the euro, which the country adopted on the first day of 2015, the Verslo Žinios business daily reports.
The adoption of the euro in Lithuania was smooth and successful, regardless of interruptions on the last day of 2014, Vitas Vasiliauskas, governor of the central Bank of Lithuania, said on Thursday.
Fifty-three percent of the Lithuanian population are in favour of the upcoming euro adoption, according to a representative survey conducted in mid-November and released by the Bank of Lithuania on Monday.
The third and final shipment of euro banknotes was flown from Germany to Lithuania on Wednesday.
Mario Draghi, President of the European Central Bank (ECB), has handed a symbolic “Euro Star” to Vitas Vasiliauskas, the governor of the central Bank of Lithuania, on the occasion of Lithuania’s upcoming accession to the euro area.
The Lithuanian Mint has already minted 97 million Lithuanian euro coins, which is about half the amount to be minted this year and one-fourth of the total amount to be produced this year and next year, the central bank governor said on Monday.
Chairman of the board of the Bank of Lithuania Vitas Vasiliauskas will take part in the meeting of the Economic and Financial Affairs Council (ECOFIN) in Milan, Italy, on 12-13 September.
The central Bank of Lithuania has signed an agreement to acquire euro banknotes from the German central bank, Bundesbank.
The first batch of Lithuanian euro coins are being delivered to the Bank of Lithuania's vault in Vilnius. On 1 January 2015, they will be released into circulation. The total amount of coins necessary for the euro adoption and to ensure reserves is about 370 million units; their weight - 1,740 tons,...