'Own currency allows for a relatively good protection against the negative consequences of economic and financial crisis. In turn, rapid adoption of euro would immediately cause problems which are currently plaguing a monetary union's countries, including the requirement of large amounts of money to rescue bankrupt states,' explained his position V. Tomaševski.
According to the politician, euro does not unite but deepens the divisions even within the group of the countries which have adopted the single currency and does not strengthen but exhausts the European Union as the only region in the world rapt so much in the recession.
V. Tomaševski encouraged not taking hasty decisions that could seriously harm Lithuania and its people.
'Today Lithuania should set itself a question whether euro is a credible currency and whether it would not be better to stick to its own currency at least until the situation in the euro zone is clear and predictable. It seems that the postponement of the adoption of the euro would be the best solution in the current situation. And what is the most important it would be safe for the residents of Lithuania, as it would protect them from a drastic increase of real prices of goods and services after the possible entering to the area, what has taken place in almost all of the states which were adopting euro,' stated Tomaševski.
Member of the European Parliament underlined that it cannot be let that ordinary citizens of Lithuania would be burdened with the load of the accession to the euro zone as they are already heavily burdened with the ongoing crisis. The politician thinks, that Lithuania should keep its own currency now as 'only independent monetary policy will allow for a flexible response to the economic situation in Europe and in the world, and will be a good tool to develop the state interests.'