TITLE

Revenue Outlook Still Weak

PUB. DATE
March 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Mar2011, Vol. 18 Issue 3, p11
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
58026668

 

Related Articles

  • CIA: The World Factbook: Lithuania.  // CIA World Fact Book;2011, p393 

    The article presents facts on Eastern European country Lithuania as of 2011. It says that it has an estimated population of 3,535,547 Lithuanians who speak several languages including Polish, Russian, and Lithuanian. It mentions that the country is headed by President Dalia Grybauskaite and...

  • Deficit Narrowing Ahead.  // Emerging Europe Monitor: Central Europe & Baltic States; 

    The article offers forecast on the economic condition in Lithuania. It predicts a decline in the nation's budget deficit from 7.1 percent of gross domestic product (GDP) in 2010 to five percent of GDP in 2011 and expects the deficit to reach 3.8 percent of GDP of by 2012. It also explores the...

  • Fiscal Weakness Continues.  // Emerging Europe Monitor: Central Europe & Baltic States; 

    The article presents the economic outlook for Lithuania in 2010 by Business Monitor International Ltd. (BMI). It notes that the country's fiscal predicament will continue as the administration of Prime Minister Andrius Kubilius is heading a parliamentary minority and planning additional reforms...

  • Stimulus Package Won't Prevent Deep Recession.  // Emerging Europe Monitor: Central Europe & Baltic States;Apr2009, Vol. 16 Issue 4, p12 

    The article presents an economic outlook for Lithuania for 2009. An economic stimulus package worth Latvian lats 5.7 billion was approved by the government on February 26, 2009. Funding for the package, according to Prime Minister Andrius Kubilius, will come from the European Union's structural...

  • Country Intelligence: Report Lithuania.  // Lithuania Country Monitor;Jun2011, p1 

    The article focuses on the economic condition of Lithuania in 2011 and outlook from 2008-2016. It says that the country's exports will weaken in the second half of 2011 due to the slower global growth combined with the European debt crisis. Furthermore, the country might be qualified for euro...

  • Regaining Momentum.  // Emerging Europe Monitor: Central Europe & Baltic States;Jul2007, Vol. 14 Issue 7, p12 

    The article presents an economic outlook for Lithuania for the first quarter of 2007. According to revised figures from Statistics Lithuania, real gross domestic product growth accelerated to 8.3 percent year-on-year. It is stated that economic activity in the quarter was driven by domestic...

  • RISK SUMMARY: LITHUANIA.  // Emerging Europe Monitor: Central Europe & Baltic States;Feb2007, Vol. 14 Issue 2, p12 

    The article discusses the economic performance of Lithuania in 2006, and presents an economic forecast for 2007. Compensation payment to given by the government to bank depositors who lost out after the adoption of lira currency is expected to increase the credit rating of the country. Real...

  • Growth Upgrade, But Risks Are Intensifying.  // Emerging Europe Monitor: Central Europe & Baltic States;Oct2011, Vol. 18 Issue 10, p11 

    The article focuses on the forecasts of the economic condition of Lithuania from 2009-2012. BMI states that Lithuania's real gross domestic product (GDP) is expected to increase by 4.2% in 2011, while 3.3% in 2012. The article also says that the country's economy will slow by 3.3% in 2012, but...

  • Country Intelligence: Report: Lithuania.  // Lithuania Country Monitor;Jun2013, p1 

    A report on the economic outlook and conditions in Lithuania as of June 2013 is presented. It mentions the impressive performance of the country's economy in 2012 against headwinds from Europe but the economic growth is expected to slow in 2013. It notes that the industrial production growth in...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics