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Economy depends on political will

Aug 05, 1999

VILNIUS (BNS) - The European rating agency Fitch IBCA will watch carefully the future economic situation of Lithuania, but the outlook for changes in Fitch IBCA's long-term credit rating remains unclear. According to the agency, recent crises have showed the importance of swift and effective reaction, but the Lithuanian response in dealing with the Russian crisis hasn't, so far, risen to acceptable standards. This was written in a Fitch press release describing the state of the Lithuanian econom ...

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