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Lithuania’s GDP still going strong

Jun 04, 2008
Staff and wire reports

VILNIUS - Lithuania’s economy ex-panded by a robust 6.9 percent in the first quarter of 2008 compared with the same three months last year, up half a percent from an earlier preliminary estimate. In nominal terms, GDP for the period amounted to 23.9 billion litas (7 billion euros). Construction and services accounted for the largest part of the upward revision, the national statistics department explained. The result contrasts sharply to a drastic slowdown in the other two Baltic states and ...


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