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.
Šaltinis:
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
From the beginning of 2005, retail customers of OTP Bank holding a debit bank card can, for a unified fee, withdraw cash abroad using automated teller machines operated by the subsidiaries of the credit institution
more »
The City of Sofia will sell 80.5% of the statute capital of its Municipal Bank, one of Bulgaria's commercial banks with a full banking license
more »
Most major corporations avoided Slovakia even after the end of communism, wary of its authoritarian ruler and economic cronyism
more »
German low-cost airline Bexx Air, whose offices in Sofia were closed down in September for operating without a licence, is trying to go into business under a new name of "Imagine Air"
more »
An agreement between the governments of Russia and Belarus on regulations on collecting indirect taxes relating to exports and imports, as well as other business sectors will take effect beginning January 1, 2005
more »
The central bank will mount a legal challenge against the new law expanding the bank’s rate-setting Monetary Council
more »
Wizz Air flying high in Polish market, president expects to double traffic
more »
The Port of Klaipeda Handles More Cargos Than Amsterdam
more »
Latvia’s Parex banka plans branch opening in Stockholm for next spring
more »
According to data from Emerging Portfolio Fund Research, at the end of December 2004 Polish shares constituted almost 1% of all assets of the firms investing in emerging markets
more »