The most rapid GDP growth rate

Published: 2 March 2004 y., Tuesday
In 2004 - 2005, Lithuania‘s economy will enjoy the most rapid GDP growth rate in the enlarged EU, averaging 7.6% per year, say market analysts of the Nordea finance group. „Lithuanian economy was practically not influenced by negative world economy trends, with the country‘s GDP growth rate in 2003 reaching 9% (10.6% in the last quarter of the year)“, point out Nordea analysts and forecast that Lithuania is most likely to become one of the first new EU members to join the euro in 2007, earlier than Poland, the Czech Republic or Hungary.
Šaltinis:
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

Gold Driller Top Certified for Bulgarian Investments

Canadian gold driller and miner Dundee Precious Metals Inc. received Monday first-class investment certificate from Bulgarian government more »

Czech company purchases 3rd portion of Baku-Supsa oil

The Unipetrol Refinery company of the Czech Republic has purchased this year's third portion of Azeri Light profit oil to be exported by the State Oil Company (SOCAR) more »

Opec expresses concern about rising oil prices

Seeking to cool market sentiment, the head of Opec on Sunday said the organisation is concerned about stubbornly high prices that defy what he described as a well-supplied market and adequate crude stocks worldwide more »

Direct access, remote control

On February 17 the German bank Dresdner Bank AG became the first remote member of the Warsaw Stock Exchange more »

Morocco, Poland to strengthen economic relations

Polish businessmen convened, in Cassablanca Wednesday, with members of the Casablanca Chamber of Commerce, Industry and Services to discuss means to reinforce bilateral trade cooperation more »

Banks seen unlikely to repeat stellar performance of 2004

Hungary’s banks posted record profits in 2004, driven mainly by a surge in lending to households more »

Bulgaria's HVB Biochim, Hebros Bank Merge

Bank Austria Creditanstalt (BA-CA) has acquired a 89.92% stake and HVB Biochim Bank - a 9.99% of stake in Bulgaria's Hebros Bank more »

A memorandum on cooperation

Russia and Kazakhstan sign cooperation memo more »

EBRD hopes loans will aid Ukraine

The European Bank for Reconstruction and Development is planning a raft of new investments in Ukraine to underpin the country's democratic transformation under President Viktor Yushchenko more »

Geneva motor show reflects lack of drive in Europe

Peugeot Citroën, the French cars group, is planning to turn its back on western Europe and concentrate all its investment in new plant in eastern Europe more »