German economic slump holds both opportunities and risks for Lithuania

  • 2019-08-29
  • BNS/TBT Staff news
With the German economy having shrunk by 0.1 percent in the second quarter and facing a real threat of recession, Lithuanian businesses exporting their products to the EU's biggest economy are presented with both new challenges and new opportunities.  Being an open and small economy, Lithuania is depended on exports, and the economic stagnation of Germany, which has become one of its key markets in recent years, is worrisome to exporters.   Vadimas Ivanovas, head of research and analysis at the government's export promotion agency Ente...
 
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