Lithuania continues steady growth

  • 2013-10-31
  • From wire report
VILNIUS - Swedbank is not changing its forecasts for Lithuania’s economy growth, which, according to the bank, will remain slow to moderate, reports ELTA.It is believed that the general gross product (GDP) will increase by 4 percent in 2014 and by 4.5 percent in 2015. At the end of 2013, inflation will decrease by 1.3 percent and will remain below the euro convergence criteria (also known as the Maastricht criteria).According to Swedbank economist Nerijus Maciulis, the external economy is improving at the moment, despite worries about the U.S. debt ceiling debates and milit...
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