wiiw Forecast Reports
LITHUANIA: Headwinds from the east
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While the economic tide is low in the countries bordering the Baltic Sea, the economy of Lithuania will continue to grow at a stable rate of 3% in 2014. Rising employment and wages are backed by public investment; things are encouraging and conducive to keeping households in a good spending mood. Nonetheless, the trade sanctions on Russia will pose a threat to the economic viability of a number of exporters in the agro-food sector.
Countries covered: Lithuania