Baltic States: Lithuanian economy is performing significantly better than that of Latvia or especially Estonia
Lithuania’s economy is bubbling promisingly, Latvia’s is stagnating and Estonia’s is struggling in a prolonged downturn. Both major Lithuanian commercial banks, Swedbank and SEB, have ticked up Lithuania’s forecast for the year, boosting confidence that the economy is on the right track. Swedbank is projecting a GDP increase of 2.2% and SEB is predicting a…