Swedish Press: Worst Times Has Already Passed for Lithuania

Published: 24 August 2009 y., Monday

Andrius Kubilius
The Swedish business daily Dagens Industry published an interview with Andrius Kubilius, the Prime Minister of Lithuania, to Bloomberg News. In the interview Mr Kubilius states that Lithuanian export and industry indexes are showing improvements and the recovering German and French economies stimulate the Lithuanian economy as well. 

Sweden and Lithuania maintain close business relationship, therefore the message expressed by the Lithuanian Prime Minister is very good news for both markets to continue successful economic cooperation. Sweden is the largest foreign investor into the Lithuanian market: Swedish foreign direct investments in Lithuania comprised EUR 1.5 billion or 16.3 % of the total FDI in Lithuania in the 1st quarter of 2009.


 

Šaltinis: www.lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Putin reassures Russia on economy

Vladimir Putin appeared on live television and radio for his annual question-and answer session with the public. more »

EUFISERV Payments, ATM Scheme comply with SEPA; separate from processing biz in Europe

EUFISERV Payments announced today that the separation of the EUFISERV ATM Scheme from EUFISERV's former processing business is now complete, and is in line with the SEPA requirements of the European Central Bank and the European Commission. more »

Detroit impacts Mexico's economy

600,000 Mexicans work in the auto and auto parts industries, and U.S. automakers run around a dozen plants. more »

Time for Britain to join euro?

The President of the European Commission Jose Barroso says some British politicians are considering signing up to the euro more »

U.S. officially in a recession

It's official. The U.S. economy is in a recession. more »

Credit crunch – the EU at work

The crisis that started in the US over a year ago has sent shock waves around the globe. more »

Kick-starting the economy

Offering a coordinated response to the EU’s deepening economic crisis, the Commission is proposing €200bn in measures to boost purchasing power and generate growth and jobs. more »

UK promises billions in stimulus

The two men charged with keeping Britain's economy afloat moved on Monday to ward off a deepening recession. more »

An aging Europe - MEPs call for social security reform

European citizens are getting older and greyer. By 2050 it is estimated that the average age in the European Union will be 49, up from 39 now. more »

Obama's economic stimulus plan

Addressing U.S citizens, Barack Obama spoke of plans to revive the economy. more »