In the coming 3 years Lithuania will be the fastest growing economy among 25 member states of the enlarged European Union
Published:
6 November 2003 y., Thursday
In the coming 3 years Lithuania will be the fastest growing economy among 25 member states of the enlarged European Union, according to forecasts of the European Commission.
The European Commission predicts that Lithuania’s GDP will grow by 6.6% in 2003 (respective figures for Latvia and Estonia being 6% and 4%) and by 5.7% in 2004 (5.2% in Latvia and 5.4% in Estonia), whereas the GDP growth in all accession states will reach 3.1% in 2003 and 3.8% in 2004, compared to respectively 0.8% and 2% in present EU member states.
GDP growth in Lithuania in the first 9 months of 2003 was 8.1%.
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has approved under EC Treaty state aid rules a Latvian support scheme to stabilise financial markets by providing guarantees to eligible banks to ensure their access to financing.
more »
Gathering in Beijing, China's political elite gather to celebrate three decades of China's economic reform and market liberalisation.
more »
After two days of intense negotiations, European leaders reached agreement on how to achieve the EU’s ambitious climate change goals and endorsed a €200bn plan to revive the flagging EU economy.
more »
Detroit won't get its bailout, as the U.S. Senate blocked the measure to rescue America's big three car makers.
more »
The world is facing “an acute food crisis”. That was the verdict of a report adopted by MEPs in the Agriculture Committee on 8 December.
more »
The European Commission has agreed a Communication that aims to improve the functioning of the food supply chain in order to lower prices for consumers.
more »
The World Bank's 2009 Global Economic Prospects report is projecting world growth will shrink to 0.9 percent next year.
more »
Prospects for a federal aid package to help the US auto industry advanced on Monday.
more »
A new report from Aite Group LLC explores possible regulatory and legislative responses to the current financial crisis, with particular attention paid to three key topics: consumer lending, risk management and deposit relationships.
more »
A new report from Mercator Advisory Group's Retail Banking Practice focuses on the ATM and the multifaceted role it plays in the retail banking market.
more »