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Image header Agence Europe
Europe Daily Bulletin No. 11245
ECONOMY - FINANCE - BUSINESS / (ae) lithunia

Vilnius joins European Stability Mechanism

Brussels, 03/02/2015 (Agence Europe) - On Tuesday 3 February, Lithuania became the 19th member country of the European Stability Mechanism (ESM), the permanent bailout fund of the eurozone.

Joining the ESM is “an insurance policy against financial turmoil in the future” and reflects Lithuania's commitment of solidarity to its partners sharing the single currency in the event of necessity, said the Lithuanian finance minister, Rimantas Sadzius.

If required, the Baltic Sate can itself...

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