Agriculture is the best survivor during a crisis

  • 2009-09-24
  • By Rokas M. Tracevskis
VILNIUS - Even during the crisis, agriculture remains among the well established sectors in the Lithuanian economy which is suffering because of the tightened bank policy and the reduced scope of loans. The current brief milk war, announced by Russia, seems to be finished, and rivers of Lithuanian milk flow again to the East.According to the Lithuanian department of statistics, in the second quarter of 2009, negative results were observed for all business activities, but the value added decrease was much slower in agriculture (4.9 percent) than in other sectors. In the first half of 200...
 
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