Gitanas Nausėda
Economy

Lithuania could lose up to 5 percent of GDP due to Russian sanctions

Analysts at SEB Bankas estimate that Lithuania’s maximum economic losses in case of Russia‘s complete import ban could reach up to 5 percent of the gross domestic product, noting that such losses would be quite painful. […]

Economy

Lithuania’s GDP growth revised up to 3.3 percent

Statistics Lithuania has revised up the annual GDP growth numbers from 3.1% to 3.3% for the second quarter of this year (3.1% seasonally and working-day adjusted). Domestic demand remained the main driver of growth, while net exports continued to contribute negatively. […]

Economy

Lithuania’s GDP up 0.7 percent

During the second quarter of 2014, Lithuania’s seasonally-adjusted GDP rose by 0.7 percent, while compared to the same quarter of 2013, it increased by 3.0 percent, according to flash estimates published by Eurostat, the statistical office of the European Union. […]

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. […]