Economy Enters Recession

January 2009
Emerging Europe Monitor: Central Europe & Baltic States;Jan2009, Vol. 16 Issue 1, p12
Country Report
The article presents the economic outlook of Business Monitor International (BMI) for Lithuania for 2009. As stated, BMI predicts economic growth to turn recessionary in 2009 with the economy contracting by 1.5%. Economic risks identified by BMI include a combination of slowing eurozone growth and depleted external credit lines.


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