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The strong post-pandemic recovery led to demand driven inflationary pressures. Supply side bottlenecks and large increases in commodity prices after Russia's invasion of Ukraine compounded these pressures and resulted in high and persistent inflation. The negative impact on disposable income,...
Persistent link: https://www.econbiz.de/10015059109
structural issues in this report draws on the companion Baltic Cluster Report. Euro Adoption. Lithuania is well placed to adopt …
Persistent link: https://www.econbiz.de/10014411232
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 … favorable, and Lithuania has demonstrated the ability to deliver adjustment when needed without recourse to exchange rate …
Persistent link: https://www.econbiz.de/10014411233
This Selected Issues paper on the Republic of Lithuania takes stock of policies and reforms countries are implementing …
Persistent link: https://www.econbiz.de/10015060213
This 2022 Article IV Consultation with the Republic of Lithuania highlights the recent spike in global energy and food …
Persistent link: https://www.econbiz.de/10015060214
Albania's economy has shown considerable resilience in the face of the 2019 earthquake and the pandemic. After the hardship endured in 2020, real GDP is rebounding strongly by a projected 7.8 percent in 2021. Policies have played a critical role in preserving lives and livelihoods and thereby...
Persistent link: https://www.econbiz.de/10015060544
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Persistent link: https://www.econbiz.de/10015060605
Greece entered the pandemic with an unfinished recovery, but the country has demonstrated resilience in facing COVID-19. The economy contracted by 8.2 percent in 2020, better than expected given Greece's high dependence on tourism and pre-existing vulnerabilities. The government provided among...
Persistent link: https://www.econbiz.de/10015060621
This Article IV Consultation focuses on San Marino’s prolonged recession. The global crisis has led to a significant decline in budget revenues. However, San Marino’s sizable pre-2008 budget surplus, combined with recent tax measures and efforts to restrain expenditures, have helped contain...
Persistent link: https://www.econbiz.de/10014412070