wiiw Current Analyses and Forecasts
Lithuania: Above-average growth
in: Fasting or Feasting? Europe - Old and New - at the Crossroads
wiiw Current Analyses and Forecasts No. 10, July 2012 , pp. 75-76
Last years’ revival after the economic disaster of 2007 to 2010 allows Lithuanian households to gradually recuperate their consumption levels, thereby acting as the main growth driver in 2012. The parliamentary elections in October shall bring about a change in the government from centre-right to centre-left. However, the orientation of economic policies – austerity and the target to join the Eurozone in about 2015 – will remain the same.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Lithuania