Deconstructing construction business in Lithuania

  • 2009-09-03
  • By Rokas M. Tracevskis
VILNIUS - Skeptics could say that after several years of boost, now the construction industry is in ruins. However, such a statement, despite some gloomy statistics, would be an exaggeration. Lithuanian government tries to help the construction business using money from European Union (EU) funds as well as loans from the Council of Europe Development Bank (CEB). Some of government's plans in this sphere look completely out of touch with reality but there are also some quite sane government's ideas in this area of economics.According to the Lithuanian Department of Statistics (Statistics...
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