Posts Tagged ‘ lithuania business news ’

Lithuanian Trade Sector Recovery Indication

January 29, 2012
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Lithuanian Trade Sector Recovery Indication

Retail trade figures have always been viewed as a good ‘on the ground’ indication of the country’s financial health, if people feel confident and comfortable they spend more. Recent figures have shown a much awaited recovery in Lithuania’s retail trade sector. In 2011 Lithuanian trade figures demonstrated a recovery of 8.8% compared with the...

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Lithuanian Free Market Institute Reports GDP Growth for 2011 and 2012

Lithuanian Free Market Institute Reports GDP Growth for 2011 and 2012

The recently published July 2011 report by the Lithuanian Free Market Institute (LFMI) states that the Lithuanian GDP will grow during 2011 by 4.9% and 4.6% in 2012. Unemployment will diminish at a slow rate staying at 14.6% for 2011 and reducing to 12.8% for 2012. Household income is expected to grow at a...

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Baltic Sea Power Cable NordBalt on Target for Completion by 2015

Baltic Sea Power Cable NordBalt on Target for Completion by 2015

Prime Ministers Andrius Kubilius of Lithuania and Fredrik Reinfeldt of Sweden met in Vilnius, Lithuania on Tuesday 15th March 2011 to discus energy issues. High on their agenda was the NordBalt energy link, a high-voltage electricity direct current cable laid under the Baltic Sea connecting Sweden and Lithuania.   The Prime Ministers used the...

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