Slovakia is now the fastest-growing economy in EU, with an economic growth rate of 14.1%/year. And new car sales in Lithuania have increased by 55.2% compared to last year.
I don't know much about Slovak or Lithuanian economy, but both of those statistics look like Latvia in early 2007. One year later, the economic bubble in Latvia has burst and people are guessing how bad the after-effects will get... Are Slovakia and Lithuania developing similar economic bubble and what they will look like in 2009?
Showing posts with label Slovakia. Show all posts
Showing posts with label Slovakia. Show all posts
Friday, February 15, 2008
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