Q4 Lithuanian GDP slowdown sends warning signal

  • 2012-02-02
  • From wire reports
VILNIUS - SEB forecasts that in 2012 Lithuanian GDP should increase by 2 percent, reports ELTA. Economist Gitanas Nauseda, adviser to SEB’s president, says, in terms of musical language, that given the present situation it is very hard to say how smoothly the Lithuanian macroeconomic orchestra will perform the four parts (quarters) of the 2012 concert, as there is too much uncertainty both inside and outside the country.However, there are reasons to believe that 2012 will end on a higher note than it started, says the economist.On Jan. 30, Statistics Lithuania reported ...
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