Lithuanian Finance Minister Vytautas Dudenas pointed at the GDP growth,
low inflation, stable national currency, stable and strong banking
sector as well as a high portion of private investment in the country's
economy.
He said Lithuania has a favorable environment for commercial activities
and foreign investment.
EBRD official George Krivicky said the EBRD so far has implemented 22
projects in Lithuania to which the bank has extended a financing of 249
million euros. The total costs of these projects comes to 622 million
euros.
The biggest part of the projects have been implemented in the banking
sector - worth 80 million euros - as well as in industry and services
worth 47 million euros.
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