Vitas Vasiliauskas: Labour market in the 21st century - the way forward Welcome remarks by Mr Vitas Vasiliauskas, Chairman of the Board of the Bank of Lithuania, at the Economics conference “Labour Market in the 21st Century: The Way Forward”, Vilnius, 15 October 2019.
Since the start of Stage Three of Economic and Monetary Union (EMU) the euro has become the second most important international currency in the world, and the policy of the Eurosystem will safeguard its internal purchasing power, which is a basis for a solid and stable currency over the medium term. 2.