After evaluating world and the country’s economic trends, the bank of Lithuania is lowering this year’s economic growth forecast from 3.4% to 3.2%. Next year’s insights are not changing, it is expected that in 2019, the economy will grow by 2.8%. Wages will continue growing faster than inflation, un...
Gediminas Šimkus EN
2 articles
As Lithuania's population declines, the country may have to increase its retirement age in the future to solve the problems of the pension system, a central bank official said on Friday.