Lithuania will be the fastest growing economy in the enlarged EU, forecasts Nordea
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.
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