Vitas Vasiliauskas

Vitas Vasiliauskas has most recently been quoted in an article called Out with the litas and in with the euro in Lithuania. Vitas Vasiliauskas said, “We have the experience from Latvia. In Latvia the price increase connected to or related to the euro was, I'd say, 0.1%. So something like that we can expect in Lithuania, having in mind that increases in income will be maybe about 4 – 5 per cent.”. Vitas Vasiliauskas has been quoted a grand total of 3 times in 1 article.

Vitas Vasiliauskas quotes

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It will abolish credit risk, it will decrease interest rates. That means that we'll have a chance for better development.

We have the experience from Latvia. In Latvia the price increase connected to or related to the euro was, I'd say, 0.1%. So something like that we can expect in Lithuania, having in mind that increases in income will be maybe about 4 – 5 per cent.

(We've had) a fixed-rate regime to the euro since 2002. That means we don't have any 'independent' – let's say – monetary policy.

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