Lithuania manages to steer clear of IMF loans

Oct 15, 2009
From wire reports

VILNIUS - Although Prime Minister Andrius Kubilius is pleased at the increasing confidence in Lithuania, as evidenced on the international financial markets, he also notes that “The hard times must be dealt with, with the least amount of debts as possible,” reports news agency ELTA. He says that “Confidence in Lithuania’s financial system is gradually increasing in international markets, therefore, we will be able to borrow on these markets under more favorable conditions. We are gradual ...

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