Vilnius, 04/07/2013 (Agence Europe) - Lithuania is hoping to push forward banking union during its six-month presidency of the Council of the EU, despite the fact that it cannot take part in it until it joins the eurozone in 2015.
Rimantas Sadzius, Lithuanian Minister for Finance, indicated on Thursday 4 July that his country did not currently wish to participate in the banking union mechanisms. Lithuania will do so automatically once it has adopted the euro in 2015. The minister admitted...