Revenue Outlook Still Weak

March 2011
Emerging Europe Monitor: Central Europe & Baltic States;Mar2011, Vol. 18 Issue 3, p11
Country Report
The article presents an economic outlook for Lithuania as of March 2011. It anticipates that the planned deficit reduction to 3% of gross domestic product (GDP) by 2012 is quite ambitious, particularly as Prime Minister Andrius Kubilius' administration faces a key election in October 2012. Despite signs for revenue streams, it is believed that the country will still suffer fiscal consolidation, limited scope for corporate earnings and overall wage growth.


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