Lithuania needs investment to ensure growth

  • 2012-04-04
  • From wire reports
VILNIUS - The bank DNB has raised this year’s economic growth forecast for Lithuania from 2.5 to 3 percent, reports ELTA. The bank has also increased the predicted inflation rate, which they now forecast to stand at 3.2 percent, compared to the previous 3 percent.The financial analysts at the bank say that they have taken into account the instability of global economies and a forecasted negative growth in the eurozone. However, it should be noted, according to them, that the Baltic economies export to countries that were relatively less stricken with the debt crisis and the Balt...
 
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