As the Lithuanian economy moved away from a sustainable growth path last year and the population ran out of money, we could see stagnation or recession across Europe this year. According to experts, the time […]
Despite the challenges posed by Russia’s war against Ukraine, Lithuania’s economy is showing resilience. The International Monetary Fund (IMF) predicts that economic growth will remain positive this year and is expected to reach 1.8%. Significant […]
The analysis of statistical data by Versli Lietuva shows that the strong growth of crude oil and other commodity prices on the global market, the ongoing COVID-19 pandemic and the difficult geopolitical situation in the […]
According to experts, the pandemic has drastically changed Lithuania’s economic situation – both the financial sector and the habits and needs of Lithuanians over the past year. Simonas Krėpšta, Member of the Board of the […]
In the second quarter of this year, Lithuania’s GDP was 8.6% higher than the same period one year ago. What led to such growth, how sustainable is it and can we perceive any signs of […]
Strong Lithuanian economy growth was impressive, it expanded 3.9% annually in this first quarter of 2019. Meanwhile, season and calendar adjusted quarterly growth stood at 1%, Swedbank announced. Lithuanian economy growth was supported by very […]
The affluent EU member states have seen population increases over the past decade and this has led to more rapid economic development among them. The less well-off member states experienced the opposite processes – a […]
Russia has exited recession and now all the Baltic Sea region (BSR) economies are expanding, but growth is expected to be modest. The global rise of populism and anti-establishment moods, although promising fiscal expansion that may boost short-term growth, builds up risks of protectionism with a negative impact on long-term growth, Swedbank writes in its annual Baltic Sea Region Report. […]
SEB Bank has revised down Lithuania’s GDP growth projections, estimating that the country’s economy will grow 2.2% this year and 2.5% in 2017. In its earlier projections, the bank expected Lithuania’s GDP to grow 2.8% […]
The accelerating rate of Lithuanian wage growth has not been met with an increase on labour productivity and the Bank of Lithuania says this could be a problem for the country’s economy. Labour productivity has […]
Lithuania is making the transition from to a developed market-economy capitalism but it is creating negative side- effects, said Robertas Dargis, president of the Lithuanian Confederation of Industrialists. […]
Lithuania‘s economy will grow faster this year driven by increases in exports and strong domestic demand, according to SEB Bank. SEB analysts expect that GDP growth in 2016 will be 2.8% and rise to 3.2% […]
It will take three to four years for Lithuania’s economy to reach where Estonia is today, says Rokas Grajauskas, economist for Danske Bank. […]
Lithuania’s Ministry of Finance has significantly revised down its forecasts for GDP growth in 2016 to 2.5% for the year, down from the 3.2% growth predicted last year. […]
Lithuanian economists have criticized the government’s “inaction”, saying that the country’s economy have grown despite rather than because of its economic policies. However, challenges loom ahead. […]
Lithuania’s economic growth was lower than initially estimated in the final quarter of 2015, the latest figures from Statistics Lithuania showed on Monday. […]
The Lithuanian economy grew at its slowest pace since 2010 last year at 1.6%, but rising business confidence and increasing orders should drive higher economic growth in the year ahead. […]
Demographics will soon be the biggest problem facing Lithuanian society and industry, leading economists have warned, urging Lithuanian politicians to address the massive emigration that has been draining the Lithuanian population for over a decade now. […]
The European Commission is predicting that the Lithuanian economy will grow by 2.9% this year following a lacklustre performance in 2015. […]
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