Lithuanian GDP growth slows down to 3.7%

Note: This section contains information in English only.
Source: Bloomberg
Lithuania's economic growth fell behind economist estimates on weak consumer sentiment and investments. GDP growth rate was 3.7% in the second quarter, while economist survey showed a median estimate of 4.2%. This might put at risk the nations ambition of entering the Eurozone in 2015 as the government may fail to cut the budget deficit below 3%, the requirement of the EU.

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