Continued Strong Economic Growth of Lithuania in 2005
Published:
24 March 2005 y., Thursday
According to the “Economic Survey of Europe 2005 No. 1” announced by the United Nations Economic Commission for Europe (UNECE), the economic growth of Lithuania will perform significantly better than the global or EU economic development in 2005. The average rate of growth in Lithuania is forecast to increase by 5.8%.
UNECE announced that economic growth should remain strong in central Europe and the Baltic States (EU-8) and reach the increase of 4.6%. The average annual rate of expansion of the global economy is forecast to be some 4.25% in 2005. For the euro area, real GDP will be some 1.8% in 2005. The average annual rate of economic expansion in the European Union (EU-25) will be 2.2% in 2005.
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
European cities may still be feeling the pinch of the global recession.
more »
The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields.
more »
The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars.
more »
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
more »
In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.
more »
Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’.
more »
The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg.
more »
EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.
more »
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday.
more »