The President expressed Lithuania’s support for Croatia’s joining to the euro area from the beginning of next year already, and expressed his hope that this would contribute to the EU’s competitiveness and economic resilience.
“Lithuania adopted EU single currency in 2015. This decision has significantly boosted the country’s economic growth, competitiveness, and financial stability," the President said.
Gitanas Nausėda also pointed out that strengthening and completing the Banking Union, in particular agreeing on a European crisis management and deposit insurance framework, must remain a key priority for European policy in the context of global economic and financial challenges the European Union is facing.
On the capital markets union, the President stressed that we need to increase the integration of financial markets, focus on digital finance, and expand people’s access to financial services across the EU internal market.
“We need to harness the full potential of the European single market for attracting private investors to projects aimed at the green and digital transformation of economy,” President Gitanas Nausėda underlined.
