Lithuania's authorities approved a law on the adoption of the European single currency. The country's parliament passed a legislation on the euro introduction. The parliamentary majority approved the final entry in the course of 2015. The law stipulates the replacement procedure of the national currency in early 2015, when Lithuania is planing to join the European Union. The mechanism of the lit withdrawal and price conversion is determined also. A few members of the Lithuanian Seim voted against the adoption. For example, a member of the parliamentary party Order and Justice Remigijus Ačas reckons that this is “a very expensive and not necessary procedure for the country”. However, there are many adherents of the introduction. Thus, Prime Minister Algirdas Butkevičius said “deeper integration in the EU would improve Lithuania‘s security”. Andrius Kubilius, the leader of the conservative party Homeland Union, confirmed that new coins will bear the Lithuanian symbols. However, in July at the earliest the European Council will set the exchange rate for the lit and euro. According to the preliminary reports, the new rate will differ from the current one and will be at 3.45 lit per euro. The Lithuanian Central bank made a statement saying that in case of positive decision, the citizens will be able to exchange any amount of the old currency to the common unit during unlimited period. Price tags must be added with euro within 30 days the act of joining the eurozone is sealed. Lithuania is the last one of three Baltic countries to introduce the euro. The other two are Estonia, which adopted the single currency in 2011, and Latvia, which started using the euro January 1, 2014.