Economy

Lithuanian economy to grow fastest in Baltics in 2014-2015

According to the latest EU economic growth report of the European Commission, Lithuania will see the fastest growth in the Baltics in 2014 and 2015. […]

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Economy

Russian embargo impact on Lithuanian economy overstated, financial analyst says

Advisor to the SEB Bank president, financial analyst Gitanas Nausėda says that the impact of Russia‘s food product embargo on the Lithuanian economy has been greatly overstated. […]

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Economy

Annual inflation at 0.3% in July in Lithuania

Prices of consumer goods and services declined by 0.5% in July, compared with June, but annual inflation accelerated to 0.3%. Average annual inflation was at 0.3% in July – 1.9 percentage points lower than a year ago. […]

Economy

Lithuania’s GDP reaches pre-crisis level

According to the flash estimate, in the second quarter of this year annual GDP growth decelerated marginally to 3.1%. Seasonally and working day adjusted quarterly growth was unchanged at 0.7%. After six years GDP has finally reached the pre-crisis level. Estonian economy could reach pre-crisis level next year, while Latvian prospect is a little more distant. […]