Lithuania Is One Small Step From Euro Zone: Sadzius

The video discusses Lithuania's potential ease in accessing international debt markets, with initial reliance on domestic borrowing. It covers Lithuania's preparation for Eurozone integration, including the exchange rate and economic readiness. Concerns about the weakening ruble and the Ukraine crisis are mentioned, alongside optimism for economic growth. The advantages of Eurozone membership, such as competitiveness and a better business climate, are highlighted. Revised growth expectations for Lithuania and changes in the ECB voting system are also discussed.

What concerns did Mark Sachs express regarding the Lithuanian economy's growth expectations?

What changes will occur in the European Central Bank's voting system with the addition of Lithuania?