Breaking News


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

To contact the editor responsible for this story: Balazs Penz at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.