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Lithuania misses eurozone target:

This article was originally published in Clinica

Executive Summary

Tensions have arisen between the European Commission and Lithuania, after EU finance ministers agreed the Commission proposal that Slovenia be allowed to join the eurozone, while excluding Lithuania. Lithuania is angry that it is being kept out for missing the requisite inflation target by a mere 0.07%. Supported by a number of countries, including Poland, Lithuania is arguing that it is unrealistic to set this target against the EU's three best performers, but the Commission says it will not change the rules.

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