Lithuania overview

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Cityscape

In Lithuania we focus on:

Supporting investments in renewable energy and energy efficiency. The EBRD continues to focus on promoting and financing new renewable energy generation and improving energy efficiency particularly in municipal and industrial sectors.

Improving the competitiveness of the export sector. The EBRD is promoting cross-border investments by Lithuanian companies elsewhere in our region and supports export-oriented enterprises with a focus on investments in advanced technologies. Investments in regional equity or mezzanine funds are also being considered.

Support strengthening of local banks. The EBRD is supporting the local banking sector, focussing on strengthening sector stability and promoting consolidation.

Policy dialogue. We are conducting policy dialogue with the Lithuanian authorities to support improvements in corporate governance in the financial and public sectors.

The EBRD’s latest strategy for Lithuania was adopted on 13 November 2012

Current EBRD forecast for Lithuania’s real GDP growth in 2015 3.2%

Among the three Baltic states, Lithuania is expected to grow most rapidly, at 2.9 per cent in 2014, primarily driven by domestic consumption. Yet, the high exposure to developments in Russia (its significant trading partner) has weighed on growth as limited trade hurts drastically the transport sector. For the period up to November 2014, exports of Lithuanian-origin goods to Russia declined by 15 per cent compared with the same period of the previous year, though exporting companies have been successful in re-orienting trade to other markets.
 

Lithuania in the EBRD’s 2014 Transition Report

 
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