THE VOICE OF INTERNATIONAL LITHUANIA
|
VilNews has its own Google archive! Type a word in the above search box to find any article.
You can also follow us on Facebook. We have two different pages. Click to open and join.
 Click on the buttons to open and read each of VilNews' 18 sub-sections  |
|
SEB Bank AB (SEBA), Lithuania’s largest bank by assets, raised its economic-growth outlook for the country for a second time, citing better-than-expected first- quarter results and a resilience to Europe’s debt crisis.
The economy will probably expand 3.5 percent this year, compared with a May estimate of 3 percent, the bank said in an e-mailed report today. Growth may slow to 3 percent in 2013, it said.
Lithuania’s economy expanded 3.9 percent from a year earlier in the first quarter, the European Union’s second- fastest pace after neighboring Latvia.
The Baltic nation’s output advanced as domestic demand strengthened and the country’s main export markets of Russia, Germany, Latvia and Estonia, posted quicker economic growth than economists predicted.
- Bookmark :
- Digg
- del.icio.us
- Stumbleupon
- Redit it
VilNews e-magazine is published in Vilnius, Lithuania. Editor-in-Chief: Mr. Aage Myhre. Inquires to the editors: editor@VilNews.com.
Code of Ethics: See Section 2 – about VilNews. VilNews is not responsible for content on external links/web pages.
HOW TO ADVERTISE IN VILNEWS.
All content is copyrighted © 2011. UAB ‘VilNews’.