TITLE

Government's Economic Management Criticised By EU

PUB. DATE
April 2008
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Apr2008, Vol. 15 Issue 4, p12
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article provides an economic outlook for Lithuania in 2008. In an assessment of the Lithuanian government's convergence programme for 2007-2010, the European Commission notes that a wage-price spiral is fuelling inflation and undermining price competitiveness, but the fiscal policy has not responded to these growing economic imbalances. The Lithuanian government aims to improve the budget position from a deficit of 0.5 percent of GDP this year to a surplus of 0.8 percent in 2010.
ACCESSION #
31381413

 

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