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
New rules for the EU's single market will make it easier to live and do business anywhere in Europe.
more »
MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday.
more »
On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic.
more »
New EU framework for crisis management in the financial sector for managing problems before they spiral out of control.
more »
The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday.
more »
The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF).
more »
Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis.
more »
The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago.
more »
MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing.
more »
The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies.
more »