Lithuania returns to growth

Jul 15, 2010
From wire reports

VILNIUS - The Lithuanian economy, which suffered the European Union’s second-deepest contraction last year, will return to growth in 2010 as exports rebound, the International Monetary Fund said, reports Bloomberg-ELTA. The economy, which probably shrank by a fifth from peak to trough during the global crisis, may expand 2.1 percent this year, the Washington-based fund said. “Lithuania is now benefiting from the global recovery,” the IMF said. “Recent data are enco ...

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