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Economy / Lithuania

Lithuania

June 2004 | Risk Summary

Aggressive legal machinations surrounding the candidacy of Rolandas Paksas, the impeached former head of state, in June presidential elections have culminated in a major blow to his political ambitions. The constitutional court has ruled that Paksas' violation of the constitution while in office precludes him from standing in either parliamentary or presidential elections in the future. We expect that the re-election prospects of former president Valdas Adamkus should improve

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