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Kirkilas shies away from tough anti-inflation measures

Apr 09, 2008
Staff and wire reports

VILNIUS - Prime Minister Gediminas Kirkilas has said that the government would not draft tough anti-inflation measures since such policies could lead to an economic hard-landing. He reiterated his forecast that inflation, which recently reached double-digit territory in Lithuania, should ease in the second half of this year. “In my opinion, Lithuania – the government and the central bank — has managed to maintain lower inflation levels than some other new European Union countries, particularly ...


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