Use this url to cite publication: https://hdl.handle.net/20.500.12259/37516
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Lithuania
Type of publication
Straipsnis kitame recenzuojamame leidinyje / Article in other peer-reviewed edition (S5)
Title
Lithuania
Is part of
Political state of the region report / editors Bernd Henningsen, Tobias Etzold, Anna-Lena Pohl. Copenhagen : Baltic Development Forum, 2013
Date Issued
Date Issued |
---|
2013 |
Publisher
Copenhagen : Baltic Development Forum, 2013
Extent
p. 34-37
Field of Science
Abstract
The year 2012 marked a change in the government and revealed Lithuania’s improved economic performance. Social Democrats won the parliamentary election and formed a coalition left of the centre with Labour, Order and Justice and Electoral Action of Poles in Lithuania. The electorate supported the policies of economic austerity proposed by the former conservative government in the wake of the fi nancial crisis. Lithuania’s economic growth was among the highest in the EU. GDP and FDI grew, whereas infl ation and unemployment plummeted. However, increased public debt and high energy prices dogged political debates. Foreign policy remained traditionally anchored in the eastern neighbourhood, energy security and EU-transatlantic affairs. In regional terms, a Nordic-Baltic orientation was politically cherished and lukewarm relations with Poland appeared to warm up. The Baltic Sea Region is especially important for Lithuania in 2013, as the EU Strategy for the Baltic Sea Region is one out of four major priorities for the country’s upcoming EU presidency, starting 1 July 2013.
Type of document
type::text::journal::journal article::research article
Language
Anglų / English (en)
Coverage Spatial
Danija / Denmark (DK)
Date Reporting
2014