Lithuania’s Economy Continuously at Its Peak

Published: 16 November 2005 y., Wednesday

The World Bank has recently announced that the GDP growth in Lithuania in 2005 and 2006 will continuously remain one of the most significant among the 8 new EU Members.
It has been forecasted that the GDP increase in Lithuania will reach 6.2 % in 2005, and 6 % next year. According to the figures announced by the Lithuanian Department of Statistics, Lithuania’s exports and imports grew 24.2 % and 18.4 % respectively, and the flow of foreign direct investments (FDI) increased by 8.3 % during the first half of the present year.

Thomas Blatt Laursen, the Lead Economist at the World Bank, has noted that the successful economic development of Lithuania and all the other new EU Members has been influenced neither by the rising prices on the world market of oil products, nor by the economic stagnation of Western countries.

Šaltinis: lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

The Visit of NATO chief

NATO Chief Says International Community Must Help Settle Transnistrian Conflict more »

President of European Commission Is not Sure About That

Armenia was the final destination of Romano Prodi, president of the European Commission, during his South Caucasian visit on September 16-19 more »

Romania hopes for Estonian support for EU membership bid

Romania's Minister for European Integration, Alexandru Farcas, voiced in a meeting with members of the Estonian Parliament’s European Affairs Committee the hope that Estonia will back his country's integration into the European Union more »

Serbia welcomes move to push European integration

The EU's decision to analyse Serbia and Montenegro's progress towards European integration separately, has been welcomed in Belgrade more »

SKorean President Vsits Kazakhstan

SKorean President visits Kazakhstan, Russia to secure energy supplies more »

A Surprising Proposal

Bulgaria rejects Polish proposal to relocate troops in Iraq to more dangerous zone more »

Romanian court allows Iliescu election comeback

Romania's constitutional court says it will allow President Ion Iliescu to run in November 28 polls, rejecting protests more »

Russian Security Council Secretary meets EU official

Russian Security Council Secretary Igor Ivanov and EU Special Representative for the South Caucasus Heikki Talvitie have supported stabilization in the Caucasus region more »

'Kazakhgate' Case

Kazakhstan: U.S. Businessman Pleads Not Guilty In 'Kazakhgate' Case more »

A Strong Signal

Meeting of NATO Military Committee in Estonia is a strong signal - Kujat more »