Economy

Half-hearted reforms won’t raise competitiveness of the Baltic Region – Swedbank

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. […]

Economy

Lithuania’s economy ‘four years behind Estonia’ – Danske Bank

It will take three to four years for Lithuania’s economy to reach where Estonia is today, says Rokas Grajauskas, economist for Danske Bank. […]

CORPORATE

Businesses expect Lithuanian economy to bounce back in 2016

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. […]

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Economy

Lithuania’s economic growth to almost double

Lithuania’s economy should grow 2.9% next year, almost double this year’s rate of 1.7%, according to the director of Economics and Financial Stability Service of the central Bank of Lithuania. […]