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Lithuania: Budget Finally Approved

Published: December 28, 2012; 00:04 · (Vindobona)

Lithuania´s President Dalia Grybauskaite confirmed the 2013 budget.

Lithuania: Budget Finally Approved / Picture: © Vindobona.org

Next year, Lithuania´s budget deficit is anticipated to come at 2.5% of GDP. In total, the planned public expenses are expected to reach € 7.8bn. Public revenues are expected to come at € 7.45bn.

In 2015, the country´s government intends to join the Eurozone. As a result, the main Maastricht criterion would be fulfilled. Grysbaukaite stressed that the country has to…

This article includes a total of 128 words.

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