VILNIUS - The latest Lithuanian macroeconomic review by SEB forecasts a 2.7 percent growth of gross domestic product (GDP) and inflation of 0.1 percent, reports ELTA.The bank predicts that, despite Russia’s food product embargo and a complicated geopolitical situation in Eastern Europe, Lithuania’s GDP in 2015 should grow by 3.2 percent with 0.7 percent inflation, while in 2016 the country should see 4 percent GDP growth.Gitanas Nauseda, advisor to the SEB president, says that exports have lost their role as the economic growth mover and now domestic consumption shoul...
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