LT: Swedbank sees Lithuania's GDP growth at 3.3% in 2012.

By bne IntelliNews April 25, 2012
Swedbank affirmed its previous forecast of 3.3% GDP growth in Lithuania for 2012, while upping the forecast for 2013 from 4% to 4.3%. Swedbank believes that Lithuania managed to avoid spillovers of the eurozone recession as indicated by Q1/12 retail trade and industrial output statistics. Bank also points out that country's main export markets are not in recession and Russia is even expected to grow faster than projected in short-term.

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