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Litas
The Lithuanian litas (ISO currency code LTL, symbolized as Lt; plural ''litai'' (nominative) or ''litų'' (genitive) was the currency of Lithuania, until 1 January 2015, when it was replaced by the euro. It was divided into 100 centų (genitive case; singular ''centas'', nominative plural ''centai''). The litas was first introduced on 2 October 1922 after World War I, when Lithuania declared independence, and was reintroduced on 25 June 1993 following a period of currency exchange from the Soviet ruble to the litas with the temporary talonas then in place. The name was modeled after the name of the country (similar to Latvia and its lats). From 1994 to 2002, the litas was pegged to the U.S. dollar at the rate of 4 to 1. The litas was pegged to the euro at the rate of 3.4528 to 1 since 2002. The euro was expected to replace the litas by 1 January 2007, but persistent high inflation and the economic crisis delayed the switch. On 1 January 2015, the litas was switched to the ...
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10 Litų
The ten litų () note (LTL 10) was the lowest value of Lithuanian banknotes and has been used since 1922 when Lithuania became independent from German forces after World War I. The note measures 135 × 65 mm, just like all banknotes in Lithuania. The ten litų banknotes show the flight of airplane Lituanica by Steponas Darius and Stasys Girėnas. Word ''litų'' is a genitive case of word ''litai'', which is plural of ''litas''. Plural genitive case is used with decimal numbers (10, 20, 50 and so on). History The first litas was introduced on October 2, 1922, replacing the ostmark and ostrubel, both of which had been issued by the occupying German forces during World War I. 1 US dollar valued 10 litų. In 1941, litas disappeared for the first time. The litas was replaced by the Soviet ruble in April 1941 after Lithuania was annexed by the Soviet Union. Litas was issued again in 1992. Banknote was released four times (in 1993 (twice), 1997, and 2001). Since 2007 the ...
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Harmonised Index Of Consumer Prices
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). It is a consumer price index which is compiled according to a methodology that has been harmonised across EU countries. The euro area HICP is a weighted average of price indices of member states who have adopted the euro. The primary goal of the ECB is to maintain price stability, defined as keeping the year on year increase HICP target on 2% over the medium term. In order to do that, the ECB can control the short-term interest rate through Eonia, the European overnight index average, which affects market expectations. The HICP is also used to assess the convergence criteria on inflation which countries must fulfill in order to adopt the euro. In the United Kingdom, the HICP is called the CPI and is used to set the inflation target of the Bank of England. Comparison with the United States The HICP differs from the United States Consumer Price Index, U ...
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German Empire
The German Empire (),; ; World Book, Inc. ''The World Book dictionary, Volume 1''. World Book, Inc., 2003. p. 572. States that Deutsches Reich translates as "German Realm" and was a former official name of Germany. also referred to as Imperial Germany, the Second Reich or simply Germany, was the period of the German Reich; . from the unification of Germany in 1871 until the German revolution of 1918–1919, November Revolution in 1918, when the German Reich changed its form of government from a monarchy to a Weimar Republic, republic. The German Empire consisted of States of the German Empire, 25 states, each with its own nobility: four constituent Monarchy, kingdoms, six Grand duchy, grand duchies, five Duchy, duchies (six before 1876), seven Principality, principalities, three Free imperial city, free Hanseatic League, Hanseatic City-state, cities, and Alsace–Lorraine, one imperial territory. While Prussia was one of four kingdoms in the realm, it contained about two-thirds ...
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Vytautas The Great
Vytautas the Great (; 27 October 1430) was a ruler of the Grand Duchy of Lithuania. He was also the prince of Grodno (1370–1382), prince of Lutsk (1387–1389), and the postulated king of the Hussites. In modern Lithuania, Vytautas is revered as a national hero and was an important figure in the national rebirth in the 19th century. ''Vytautas'' is a popular male given name in Lithuania. In commemoration of the 500-year anniversary of his death, Vytautas Magnus University was named after him. Monuments in his honour were built in many towns in independent Lithuania during the interwar period from 1918 to 1939. Vytautas knew and spoke the Lithuanian language with his cousin Jogaila. Struggle for power 1377–1384 Vytautas' uncle Algirdas had been Grand Duke of Lithuania until his death in 1377. Algirdas and Vytautas' father Kęstutis had ruled jointly in the form of diarchy, with Algirdas governing the east and Kęstutis the west, primarily responsible for defense again ...
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Jonas Basanavičius
Jonas Basanavičius (, ; 23 November 1851 – 16 February 1927) was an activist and proponent of the Lithuanian National Revival. He participated in every major event leading to the independent Lithuanian state and is often given the informal honorific title of the " Patriarch of the Nation" () for his contributions. Born to a family of farmers, Basanavičius was to become a priest but instead chose to study medicine at the Moscow Medical Academy. He worked as a doctor from 1880 to 1905 in the Principality of Bulgaria. Despite the long distance, he dedicated substantial effort to the Lithuanian cultural work. He founded the first Lithuanian-language newspaper ''Aušra'' (1883), contributed articles on Lithuania to the press, collected samples of Lithuanian folklore (songs, fairy-tales, legends, riddles, etc.) and published them. He was also involved with local Bulgarian politics. He returned to Lithuania in 1905 and immediately joined Lithuanian cultural life. He became chairman o ...
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Juozas Zikaras
Juozas Zikaras (November 18, 1881 – November 10, 1944) was a Lithuanian sculptor and artist, who created the design for pre-war Lithuanian litas coins. He is considered to be one of the first professional Lithuanian sculptors. Biography He was born November 18, 1881, in the village of Paliūkai near Panevėžys in Lithuania (then part of the Russian Empire). Between 1904 and 1906 he studied fine arts at the Vilnius-based Lev Trutnev Drawing School, as well as classes given by Józef Montwiłł. Surpassing many of his fellow art students, Zikaras in 1907 went to St. Petersburg to continue his studies at the Drawing School of the Imperial Society for the Encouragement of the Arts. In 1910, after three years in St. Petersburg, he was accepted to the Imperial Academy of Arts, from where he graduated in 1915, already after the outbreak of World War I. Shortly before finishing his diploma work he was drafted into the Russian army. However, he was not dispatched to the front and ins ...
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10 LT 1936 A Vytautas
1 (one, unit, unity) is a number, numeral, and glyph. It is the first and smallest positive integer of the infinite sequence of natural numbers. This fundamental property has led to its unique uses in other fields, ranging from science to sports, where it commonly denotes the first, leading, or top thing in a group. 1 is the unit of counting or measurement, a determiner for singular nouns, and a gender-neutral pronoun. Historically, the representation of 1 evolved from ancient Sumerian and Babylonian symbols to the modern Arabic numeral. In mathematics, 1 is the multiplicative identity, meaning that any number multiplied by 1 equals the same number. 1 is by convention not considered a prime number. In digital technology, 1 represents the "on" state in binary code, the foundation of computing. Philosophically, 1 symbolizes the ultimate reality or source of existence in various traditions. In mathematics The number 1 is the first natural number after 0. Each natural numbe ...
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Rein Taagepera
Rein Taagepera (born 28 February 1933) is an Estonian political scientist and former politician. Education Born in Tartu, Estonia, Taagepera fled from Soviet-occupied Estonia in 1944. Taagepera graduated from high school in Marrakech, Morocco, and studied physics in Canada and the United States. He received a B.A. Sc in Nuclear Engineering in 1959 and a M.A. in Physics in 1961 from the University of Toronto, and a Ph.D. from the University of Delaware in 1965. Working in industry until 1970, he received another M.A. in international relations in 1969 and moved to academia as a political scientist at the University of California, Irvine, where he stayed for his American career. Taagepera is professor emeritus at the University of Tartu. Political career Taagepera served as president of the Association for the Advancement of Baltic Studies from 1986 until 1988. In 1991, he returned to Estonia as the founding dean of a new School of Social Sciences at the University of Tartu, ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized pro ...
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Soviet Union
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ...
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Reichsmark
The (; sign: ℛ︁ℳ︁; abbreviation: RM) was the currency of Germany from 1924 until the fall of Nazi Germany in 1945, and in the American, British and French occupied zones of Germany, until 20 June 1948. The Reichsmark was then replaced by the Deutsche Mark, to become the currency of West Germany and then all of Germany after the 1990 reunification. The Reichsmark was used in the Soviet occupation zone of Germany until 23 June 1948, where it was replaced by the East German mark. The Reichsmark was subdivided into 100 (Rpf or ℛ︁₰). The Mark is an ancient Germanic weight measure, traditionally a half pound, later used for several coins; (''realm'' in English) comes from the official name for the German state from 1871 to 1945, . History The Reichsmark was introduced in 1924 as a permanent replacement for the '' Papiermark''. This was necessary due to the 1920s German inflation which had reached its peak in 1923. The exchange rate between the old ''Papiermark'' ...
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Klaipėda Region
The Klaipėda Region () or Memel Territory ( or ''Memelgebiet'') was defined by the 1919 Treaty of Versailles in 1920 and refers to the northernmost part of the German province of East Prussia, when, as Memelland, it was put under the administration of the Entente's Council of Ambassadors. The Memel Territory, together with other areas severed from Germany (the Saar and Danzig), was to remain under the control of the League of Nations until a future date, when the people of those regions would be allowed to vote on whether or not the land would return to Germany. Today, the former Memel Territory is controlled by Lithuania as part of Klaipėda and Tauragė counties. Historical overview In 1226, Duke Konrad I of Masovia requested assistance against the Prussians and other Baltic tribes, including the Skalvians who lived along the Neman (Memel) River. In March 1226, Holy Roman Emperor Frederick II issued the Golden Bull of Rimini, which provided that the Teutonic Knight ...
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