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.
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