Investors' confidence in Lithuania's business climate has been growing throughout the year, as well as in the last quarter, when Eastern Europe was shaken by instabilities, an Investor Confidence Index for Lithuania by Investors' Forum has showed.
Rolandas Valiūnas
© DELFI / Kiril Čachovskij

It is estimated that during the last quarter of this year the score of the confidence index reached 1.181 (maximum is 2). Investors say that their confidence was reinforced a stable political situation in Lithuania, the upcoming introduction of the euro and positive expectations regarding the growth of demand, new jobs and projected capital investment.

"The study findings show that businesses have recovered after the financial crisis. The competition is increasing, companies are more eager to invest in development as they see that both domestic and external demand for goods and services are on the rise. It is important that as many as 95 percent of investors view the political stability of Lithuania as average or high. Businesses have developed trust in public institutions and do not expect groundless reforms. These factors and the upcoming euro adoption have been attracting foreign investors more and more," said Rolandas Valiūnas, chairman of the Board of Investors' Forum.

Investor Confidence Index for Lithuania is an index which represents the evaluation of Lithuania's business and investment climate conducted by top executives and senior officers of the country's largest foreign capital firms. It is a direct reflection of the opinions and expectations that present business decision-makers in Lithuania have about the development of Lithuania's economy in the foreseeable future.

It is forbidden to copy the text of this publication without a written permission from ELTA.

Prime Minister vows to balance 2020 budget after tax proposals rejected

Lithuanian Prime Minister Saulius Skvernelis says his Cabinet's updated 2020 state budget plan...

Skvernelis: risks involved in Belaruskali's investments in Klaipeda are conrolled

Lithuanian Prime Minister Saulius Skvernelis says his government controls the potential risks...

Japan plans to involve in Baltic synchronization project

The Baltic states, which are gearing up for the synchronization of their power networks with those...

Lithuanian researchers developed new technology for precision grinding

A team of researchers at Kaunas University of Technology (KTU) has developed a novel approach to...

Real estate tax expansion amendments returned to government

The Seimas of Lithuania lacked several votes on Tuesday to accept a proposal to expand the real...