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MNI BRIEF: Bank Of Lithuania Calls For Calm Amid Attack Fears

(MNI) LONDON
(MNI) Frankfurt

The Bank of Lithuania has urged Lithuanian citizens to remain “calm and reasonable” after a surge in demand for cash temporarily left some ATMs empty, noting that there are sufficient euro cash reserves to maintain a constant supply.

“In addition, we are part of a reliable and well-functioning Eurosystem, to which the European Central Bank and other euro area NCBs belong, therefore, if there is a need to replenish cash reserves, it is always possible to do so expeditiously.

“Citizens are encouraged to remain calm and reasonable and trust only reliable sources of information," the bank said, addressing some consumer unease amid moves to boost NATO’s presence in the Baltic region following Russia’s invasion of Ukraine

MNI London Bureau | +44 20 3983 7894 | luke.heighton@marketnews.com
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MNI London Bureau | +44 20 3983 7894 | luke.heighton@marketnews.com
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