Short memory: LT businesses will turn back to Russia sooner rather than later

  • 2016-03-23
  • Linas Jegelevicius
VILNIUS - Plagued by some of the highest levels of emigration in the European Union, plus reeling from Russian-imposed sanctions in a number of key sectors, the pace of Lithuania’s economic growth roughly halved in 2015, largely due to a downturn in the international environment. However, Valdas Sutkus, the President of Lithuanian Business Confederation, remains upbeat. “We did better last year than most EU member states,” he told The Baltic Times. Sutkus then agreed to answer the following questions. Those in power in Lithuania have described e...
 
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