GDP growth

As Wen Jiabao walks into the press conference room, lights focus on him and the applause accompanies his steps. Then, with his voice slightly cracking he said: “Journalist friends, this will be my last National People’s Congress press conference“. Wen Jiabao is the sixth serving prime minister of the People’s republic of China and ranks […]

The aging Estonia and Europe need to accept that the state has to earn and save before it can spend and must remain within its limits both financially and functionally, writes Jürgen Ligi, the Minister of Finance. Right now, large English language news channels could bear the common name ‘eurozone crisis’ and they could all […]

As The Lithuania Tribune writes Lithuanian GDP increased more than expected in the last quarter of 2011. When it comes to investment data the growth reached 10% and growth of the export, even though slowed down, still exceeds growth of import. At the beginning of the year income of the central government exceeded its expenses. […]

After the general government deficit in Poland reached 7.8% GDP in 2010, at the beginning of 2011 Polish government presented a plan to reduce it to 3% GDP by 2012, a goal which is in line with Maastricht criteria.