The Baltics Today

Danske: Russia’s financial shock can cost 0.1% of country’s GDP

As the investors are setting the capital back from Russia and are selling the shares as well as the local currency, we can see the slowdown of the growth of the economy for several quarters in a row. According to the Danske Bank's analysts in Lithuania, this could take away up to 1% of the growth of the country's gross domestic product (GDP) in 2014, informs LETA/ELTA. ... Read more...

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