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Lithuania in the news
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6th November 2003
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| Lithuania Continues to Post Outstanding Economic Results |
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Even though Lithuania's economic growth slowed somewhat in the second half of 2003, it is
still expected to achieve an overall growth 7.5% for 2003, continuing to make Lithuania
the fastest growing economy in Europe. The economic growth in 2004 and 2005 is also
predicted to be very good, with economic growth between 6% and 7% expected. Lithuania is due to join the European Union in May 2004, together with 9 other countries. Comparing the preparedness of the 10 countries joining the EU in May 2004 to join the EU, Lithuania has been declared as the second most prepared (after Slovenia). Sources: "Lietuvos Rytas", 5/11/03, 6/11/03 |