Lithuanian Economy May Grow Less on Greek Crisis, Premier Says

Lithuania’s economy may grow more slowly than previously estimated in 2012 as the Greek sovereign- debt crisis will hurt exports, Lithuanian Prime Minister Andrius Kubilius said.

Economic growth may be 1 percentage point less than the Finance Ministry’s 4.7 percent estimate for next year, Kubilius said in a radio interview with Ziniu Radijas today. The Greek crisis may create “painful consequences” both for Lithuania and the global economy, he said.

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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