Euro-Adoption Timetable Slips To 2013

March 2008
Emerging Europe Monitor: Central Europe & Baltic States;Mar2008, Vol. 15 Issue 3, p12
Country Report
This article presents an economic outlook for Lithuania for 2008. It is noted that high inflation is likely to prevent the country from adopting the euro before 2013. It is expected that robust domestic demand and a tightening labour market will keep pressure on core inflation in the short term while a variety of factors will add to the headline rate over the coming years.


Related Articles

  • Double-Digit Inflation To Persist.  // Emerging Europe Monitor: Central Europe & Baltic States;Mar2008, Vol. 15 Issue 3, p11 

    This article presents an economic outlook for Latvia for 2008. It is noted that inflation is likely to remain stuck at high levels in 2008, increasing the risks of a hard landing for the economy. Although it is expected that domestic demand is likely to decelerate in 2008-2009, economic activity...

  • ROMANIA: Macroeconomic Data and Forecasts.  // Emerging Europe Monitor: South East Europe Monitor;Feb2004, Vol. 11 Issue 2, p3 

    The article focuses on macroeconomic data and economic forecasts related to Romania as viewed by Business Monitor International (BMI), the government and consensus view. With domestic demand buoyant on account of high consumer borrowing and spending, the BMI views that the government will...

  • Bulgaria: Economic Growth Slashed In Half Over Long Term.  // Emerging Markets Monitor;1/25/2010, Vol. 15 Issue 40, p16 

    The article presents an economic outlook for Bulgaria for 2010. It states that the financial crisis has greatly affected producers because of the loss in productive capital making it more difficult for firms to improve domestic and external demands. It notes that Euro adoption without nominal...

  • RISK SUMMARY: HUNGARY.  // Emerging Europe Monitor: Central Europe & Baltic States;Aug2006, Vol. 13 Issue 8, p2 

    Presents political risk and macroeconomic prospects for Hungary as of August 1, 2006. Expected rise of inflation due to the government's fiscal austerity package which has damaged public support levels; Risk of stifling economic growth amid a sharp downturn in domestic demand; Attractiveness of...

  • Real Estate Boom Creating Infrastructure Bottlenecks.  // Middle East Monitor: The Gulf;Feb2008, Vol. 18 Issue 2, p7 

    The article forecasts the economic conditions in the United Arab Emirates (UAE). Labourers' strikes exacerbate bottlenecks in the construction industry. The protests are largely caused by the country's rising inflation. Housing prices in the region are expected to peak in 2008 because pent up...

  • Inflation To Continue Falling.  // Latin America Monitor: Caribbean Monitor;Mar2008, Vol. 25 Issue 3, p6 

    This article offers an outlook for consumer price inflation in Trinidad and Tobago in 2008. Business Monitor International (BMI) believes that the monetary authorities will remain committed to fighting inflation. BMI forecasts an inflation rate of 6.8 percent. BMI suggests that the central bank...

  • More Cuts Needed To Avoid Deflation.  // Latin America Monitor: Caribbean Monitor;Sep2011, Vol. 28 Issue 9, p1 

    The article examines the economic outlook for Trinidad and Tobago as of the last quarter of 2011. Data suggest that inflationary pressures are subsiding in the country while tepid domestic demand will likely incite monetary authorities to cut rates in the coming months. The weak outlook for the...

  • UAE: Minimal Upside Risks To Inflation Forecasts.  // Emerging Markets Monitor;9/26/2011, Vol. 17 Issue 25, p18 

    This article presents an outlook for consumer price inflation (CPI) in the United Arab Emirates (UAE) in 2011. Business Monitor International Ltd. (BMI) expects CPI to remain weak despite higher global commodity prices and an increase in domestic demand. BMI also predicts that the housing market...

  • Utility Price Hikes To Keep Inflation Elevated.  // Emerging Europe Monitor: Russia & CIS;Aug2009, Vol. 13 Issue 8, p5 

    The article reports on the move of the Ukraine in lowering its year-end inflation forecast to 15.0% year-on-year in 2009. It notes that pressures in terms of demands continues to lessen as the year end, as soaring unemploymnet and the ongoing process of deleveraging impacted consumer and...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics