About: http://data.cimple.eu/news-article/7235bc8d957d0cdbdb271ef22f9f3cd30ca332041a6abbacf2f99e54

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About: http://data.cimple.eu/news-article/7235bc8d957d0cdbdb271ef22f9f3cd30ca332041a6abbacf2f99e54 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Lithuania's economy has emerged better than expected from the coronavirus outbreak, official data showed on Thursday, putting it on track to outperform most of its eurozone peers. A seasonally adjusted estimate from the national statistics agency showed gross domestic product (GDP) shrank 5.1 percent in the second quarter compared with the previous three months. The figures beat forecasts and stood in sharp contrast with EU heavyweight Germany where the economy shrank by 10.1 percent quarter-on-quarter from April to June. "The number is a pleasant surprise," central bank chief Vitas Vasiliauskas told reporters. The central bank and the finance minister had previously warned of a double-digit decline. Zygimantas Mauricas, chief economist at Luminor bank in Vilnius, said success in containing the coronavirus outbreak and a relatively small dependence on tourism were among the factors that helped the Baltic nation. "Lithuania will be among those who suffer least from the coronavirus in the EU. I do not rule out a positive full-year result," he told AFP. Nerijus Maciulis, chief economist at Swedbank in Lithuania, said improving consumer and business sentiment indicate that a rapid recovery would continue. He said a full-year contraction is still likely but that decline may be the smallest among all EU member states. By Thursday, Lithuania, a 2015 eurozone entrant of 2,8 million people, had reported 2,062 coronavirus cases and 80 deaths. vab/sw/bmm
schema:headline	'Pleasant surprise': Lithuanian economy outperforms: central bank
schema:mentions	Heavyweight Eurozone Lithuania Agence France-Presse Germany Gross domestic product European Union Severe acute respiratory syndrome coronavirus 2 Luminor Bank Vitas Swedbank Correlation and dependence Vehicle Assembly Building Baltic states Vilnius Economy
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-30 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	74 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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