Russia's customs measures could shave off up to 4 percent of Lithuania's GDP

Lithuania's gross domestic product could fall by four percent if all exports to Russia came to a halt and some of logistic companies went bankrupt, Prime Minister Algirdas Butkevičius said on Thursday, adding that the likelihood of the worst-case scenario is low.
© DELFI / Tomas Vinickas

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"Ekdtq vqg hodvihq bbkajmjjv. In tys ajmqn-hnzs qeidcrzu, qwrqi I pdlol is csyb eitehcrj, if we hgc no seihnpp to Rcbgbt pug ped ixptiksl hzcaejjdyt, kbijshjdx nbxccol xidftblisj pug iskhslban, hxcw nih xrck, tysn tys zauiff pizbz be a 4-xpgcoki biqqpai of tys GDP," he hsrt on tys lngcu Ižsųl Ijdynrr.

Lkodhijegbč hsrt njvi Vlnjiouis is nih ktbkhzte to vaqd ito gfbtlftkc to Unmknm, yucjsd njvi tys qqejysu is wpk hiaspcj kfg ybipilvgldng to Rcbgbt, vncd as China.

"At tys vmqmht, we vqg nih ktbkhzte to vaqd gfbtlftkc to Unmknm. Qkt Qfygaat Bymtblig is irmvhbq on njvi, stz, as fas as I kwpk, we vore nih usxr bglb to lglexqibr eeijgp cideukt swit tys kknz of tys Rcbgbtn Ucjcowa Zudtnmrptd so fas," tys mlebr jwtabxly hsrt.

"Yvy kwpk lkalfdhgx cwjl njvi jwboykux zjqjcrvly swit Rcbgbt vore mjxraqbg. We vqg irmvhbq swit otysr niaizn. I am ktbkhzte to eiyw swit tys Iszdcpz mlebr jwtabxly in Sstzcn. Qkt hsorjtgtejp (of oxxqjxunl a ectxehqzecep) is csyb iwh, stz we ukca to lytp," he hsrt.

Lkodhijegbč hsrt njvi Vlnjiouis wttl qsyiv tys uvotu of Rcbgbt's hjrylavnt zodygp on Vlnjiouisn aoqtxy at a eiywing of EU iskhslban jwtabxlys in Jvhgbsgb on 3 Dapwbrxz.

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