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Lithuania braced against euro troubles

  • 2012-04-26
  • From wire reports
VILNIUS - Analysts at Danske Bank forecast that Lithuania, as an open economy, will not manage to avoid the negative outcomes of the eurozone crisis, reports ELTA. Lithuania’s economic growth, which gained momentum last year, will slow in 2012, it says.Danske predicts that Lithuania’s GDP this year will grow by around 2.7 percent and by 3.5 percent in 2013. Inflation rates will fall but remain rather high. In 2012, inflation will decrease to 3.2 percent and to 2.9 percent next year.According to Danske senior analyst for  the Baltic States Violeta Klyviene, &ldquo...
 
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