Upgrade to Pro — share decks privately, control downloads, hide ads and more …

Lithuania & the Euro

Sponsored · Your Podcast. Everywhere. Effortlessly. Share. Educate. Inspire. Entertain. You do you. We'll handle the rest. →
Avatar for Jolanta Palumickienė Jolanta Palumickienė
December 03, 2013
2
79

Lithuania & the Euro

Avatar for Jolanta Palumickienė

Jolanta Palumickienė

December 03, 2013
Tweet

More Decks by Jolanta Palumickienė

See All by Jolanta Palumickienė
Pelningumo rodiklių apskaičiavimo problemos ir analizės metodai
Avatar for Jolanta Palumickienė uzsimiegojusi
0
720
Inovacijų ir technologijų sklaida
Avatar for Jolanta Palumickienė uzsimiegojusi
1
170
Globalizacijos įtaka tarptautinei ekonomikai
Avatar for Jolanta Palumickienė uzsimiegojusi
1
190
Bankinės technologijos
Avatar for Jolanta Palumickienė uzsimiegojusi
1
84
10 biggest banks
Avatar for Jolanta Palumickienė uzsimiegojusi
3
76
Tradicinis valdymo modelis VS. GitHub
Avatar for Jolanta Palumickienė uzsimiegojusi
1
140
Stereotypes about Lithuania
Avatar for Jolanta Palumickienė uzsimiegojusi
4
500
William Blake
Avatar for Jolanta Palumickienė uzsimiegojusi
1
47
Dictionary of Idioms
Avatar for Jolanta Palumickienė uzsimiegojusi
2
59

Featured

See All Featured
Mind Mapping
Avatar for Hélio Medeiros helmedeiros
PRO
0
89
What Being in a Rock Band Can Teach Us About Real World SEO
Avatar for Ade Holder 427marketing
0
170
Side Projects
Avatar for Sacha Greif sachag
455
43k
From Legacy to Launchpad: Building Startup-Ready Communities
Avatar for Dug Song dugsong
0
140
Into the Great Unknown - MozCon
Avatar for Noah Learner thekraken
40
2.3k
The MySQL Ecosystem @ GitHub 2015
Avatar for Sam Lambert samlambert
251
13k
Chrome DevTools: State of the Union 2024 - Debugging React & Beyond
Avatar for Addy Osmani addyosmani
10
1.1k
Leading Effective Engineering Teams in the AI Era
Avatar for Addy Osmani addyosmani
9
1.6k
Build The Right Thing And Hit Your Dates
Avatar for Maggie C. maggiecrowley
39
3k
Save Time (by Creating Custom Rails Generators)
Avatar for Garrett Dimon garrettdimon
PRO
32
2.1k
The Spectacular Lies of Maps
Avatar for Per Axbom axbom
PRO
1
530
Being A Developer After 40
Avatar for Adrian Kosmaczewski akosma
91
590k

Transcript

  1. Jolanta Elzbutaitė LITHUANIA the €URO &

  2. WHAT AM I GOING TO TALK ABOUT?

  3. WHAT AM I GOING TO TALK ABOUT? Eurozone

  4. WHAT AM I GOING TO TALK ABOUT? Eurozone Maastricht criteria

  5. WHAT AM I GOING TO TALK ABOUT? Eurozone Maastricht criteria

    Benefits

  6. WHAT AM I GOING TO TALK ABOUT? Eurozone Maastricht criteria

    Benefits Costs

  7. EUROZONE

  8. MAASTRICHT CRITERIA

  9. 1,8 STABILITY inflation PRICE

  10. Criterion indicator 2,2 (LV, SE, IE) 1,8 STABILITY inflation PRICE

  11. Criterion indicator 2,2 (LV, SE, IE) 1,8 STABILITY inflation PRICE

  12. Criterion indicator 2,2 (LV, SE, IE) 1,8 STABILITY inflation PRICE

    1,8

  13. Government deficit GOVERNMENT BUDGETARY POSITION

  14. Government deficit GOVERNMENT BUDGETARY POSITION

  15. <3 % Government deficit GOVERNMENT BUDGETARY POSITION

  16. <3 % Government deficit GOVERNMENT BUDGETARY POSITION

  17. <3 % Government deficit 3,2 % GOVERNMENT BUDGETARY POSITION

  18. General government debt GOVERNMENT BUDGETARY POSITION

  19. <60 % General government debt GOVERNMENT BUDGETARY POSITION

  20. <60 % General government debt 40,5 % GOVERNMENT BUDGETARY POSITION

  21. EXCHANGE RATES 3,4528 15% ±

  22. LONG-TERM INTEREST RATES

  23. LONG-TERM INTEREST RATES Criterion indicator 5,1 (LV, SE, IE)

  24. LONG-TERM INTEREST RATES Criterion indicator 5,1 (LV, SE, IE)

  25. LONG-TERM INTEREST RATES Criterion indicator 5,1 (LV, SE, IE) LT

    3,9

  26. BENEFITS scenarios BASELINE CONSERVATIVE

  27. INTEREST RATES = INVESTMENT CONSUMPTION =

  28. CURRENCY EXCHANGE COSTS 1,9 billion LT

  29. CREDIT RISK

  30. EXPORT

  31. GDP

  32. UNEMPLOYMENT

  33. COSTS

  34. LOSS OF LITAS

  35. LOSS OF ABILITY TO DEPRECIATE CURRENCY IN RECESSION

  36. THE INCREASE OF PRICE LEVEL

  37. THE INCREASE OF PRICE LEVEL 0.2 - 0.3 %

  38. ONE-OFF EURO ADOPTION COSTS

  39. ONE-OFF EURO ADOPTION COSTS 0.6 - 0.9 billion lt

  40. FINANCIAL CONTRIBUTIONS

  41. FINANCIAL CONTRIBUTIONS 1 billion lt

  42. FINANCIAL CONTRIBUTIONS 1 billion lt 148 million lt

  43. How much could have Lithuania saved if it had adopted

    the euro in 2007? 6,2 - 7,8 billion LT

  44. How much could have Lithuania saved if it had adopted

    the euro in 2007? 6,2 - 7,8 billion LT

  45. REFERENCES http://epp.eurostat.ec.europa.eu/statistics_explained/ index.php/Glossary:Maastricht_criteria ! http://lb.lt/ impact_of_the_euro_adoption_on_the_national_economy_an_overv iew_of_the_quantitative_assessment ! http://lb.lt/euro !

    http://www.worldissues360.com/index.php/the-benefits-and- disadvantages-adopting-the-euro-5835/

  46. Thank you !