Lithuanian businesses sign memorandum on fair conversion to euro

Lithuania euro marketOn 18 August, Monday, at the Government building of the Republic of Lithuania the representatives of the Lithuanian business associations and municipalities together with the heads of the Government, Ministry of Economy and Ministry of Finance will give the green light to the Memorandum of Good Business Practice during the Adoption of the Euro, informs LETA/ELTA, referring to euro.lt.

Later on the baton will be passed on to thousands of the Lithuanian enterprises, business representatives, municipalities that will be able to join the Memorandum on a voluntary basis and will assume a commitment to be fair with consumers during the euro adoption in Lithuania, i.e. to not use the euro adoption as an excuse for raising prices of goods and services and to ensure fair conversion and display of prices of services and goods.

All those joining the Memorandum will acquire the right to use the logo “Perskaiciuota Saziningai” (Converted Fairly) created especially for this purpose and to mark trading and service provision sites with it, use it in advertisements, official documents and events as well as to inform a consumer that they follow the principles established in the Memorandum. (more)

Read the whole story here:

http://www.baltic-course.com/eng/markets_and_companies/?doc=95150

Source: The Baltic Course