Economic Recovery Gathering Steam

July 2011
Emerging Europe Monitor: Central Europe & Baltic States;Jul2011, Vol. 18 Issue 7, p1
Country Report
The article discusses the contingent economic recovery of Lithuania based on the data recorded in the first quarter of 2011. It notes that the recovery will be driven by an increase in the gross domestic product (GDP)which was previously facing a drastic decline in 2010. However, the contingent recovery will be hampered by a decline in the industrial production (IP) but is avoidable if few of the country's economic indicators such as retail sales will continue to surge.


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