Lithuania

In recent years, Lithuania has employed monetary policy successfully to realise a substantial reduction in inflation, which reached in excess of 70% in 1994. However, in 2002 and... 2004-05-19

The impeached former head of state, Rolandas Paksas, appears likely to enter a run-off with favourite Valdas Adamkus in the presidential election to be held in June, after his candidacy... 2004-05-10

The Central Electoral Commission has confirmed the names of seven candidates for the presidential election in June, including the impeached former president, Rolandas Paksas. BMI... 2004-05-10

Having consistently increased its official foreign reserves in recent years, the Bank of Lithuania has released figures which show that holdings have begun to decline in 2004. Lithuania... 2004-05-01

The Lithuanian economy recorded the highest growth in Europe last year. BMI View: We expect that a moderation of growth in 2004 should help reduce the current account burden. Moreover,... 2004-04-08

The Lithuanian parliament has voted by a narrow margin to impeach President Rolandas Paksas for violating the constitution and his oath of office. However, before leaving office,... 2004-04-08

In line with its strategy of early euro adoption, the Bank of Lithuania has adopted a resolution on joining ERM-2, the pre-euro exchange rate mechanism, following EU accession on... 2004-03-29

The Lithuanian parliament has begun impeachment proceedings against President Rolandas Paksas. Although Paksas is permitted to resign during the course of the proceedings, BMI considers... 2004-03-15

Lithuania has provoked Russian political anger by announcing the expulsion of three Russian diplomats for espionage. BMI View: It is the decision of the Lithuanian government to publicise... 2004-03-15

Statistics for Lithuania's economic growth continue to confirm the country's position as one of fastest growing economies in Europe, supported by strong consumer spending and gross... 2004-02-24