Republic of Lithuania: Selected Issues

Publication Date:

May 8, 2014

Electronic Access:

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Summary:

This Selected Issues paper focuses on sustainability of public finances and low inflation in Lithuania. Lithuania aims to adopt the euro in 2015. Over the medium term, inflation in Lithuania will likely run somewhat higher than in the euro area on average, but this will be driven by continuing income convergence. The long-term inflation track record is favorable, and Lithuania has demonstrated the ability to deliver adjustment when needed without recourse to exchange rate depreciation. The benign outlook for public finances and inflation is contingent on historical patterns of economic policymaking and private sector behavior remaining in place after euro adoption.

Series:

Country Report No. 2014/114

Subject:

English

Publication Date:

May 8, 2014

ISBN/ISSN:

9781484375051/1934-7685

Stock No:

1LTUEA2014002

Pages:

36

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