Faster Lithuania’s economic growth has made experts review their forecasts
Published:
5 July 2002 y., Friday
Faster Lithuania’s economic growth has made experts review their forecasts. Some experts may increase the country’s expected GDP growth to 5.7% for 2002.
Lithuania’s faster economic growth is stimulated by the recovering European economy and by the growing internal market.
“The recovering European economy should stimulate Lithuanian exports to the EU. Exports eastward should also increase”, said Gitanas Nauseda, Adviser to the President of Vilniaus Bankas.
Reviewed forecasts have also taken into account increasing internal investment in Lithuania. In the first quarter of the year business loan portfolio grew by over EUR 290 million compared to the same period of the previous year. It is forecast that total internal investments will increase by 15% this year and by 13% in 2003.
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
President of the Republic of Lithuania Dalia Grybauskaitė welcomed the decision taken by the U.S. Government to transport shipments for the international mission in Afghanistan by transit via the Klaipėda Seaport.
more »
EU Solidarity Fund aid to repair storm damage in France and Portugal was approved by the Budgets Committee on Thursday.
more »
The European Investment Bank and the Government of Samoa formally agreed to support the rehabilitation and upgrade of independent water schemes in the Pacific island state under a EUR 250,000 technical assistance programme.
more »
Steps to overhaul the European Union's flagship single market were discussed on Tuesday (9 November) by MEPs and interested parties.
more »
Strategy to secure a sustainable EU energy supply and support economic growth over the next decade.
more »
EU funding to help 850 former workers in the aircraft maintenance industry around Dublin find new jobs was approved by the European Parliament on Thursday.
more »
Saffron farmers in western Afghanistan hope to oust opium as a harvest crop.
more »
The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund (EGF).
more »
New plans for EU industry to create jobs while keeping manufacturing in Europe.
more »
The European Commission has approved two applications from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »