Is the Crisis Really Over? 21-Sept-2010

21 September 2010

NLCC Started its Autumnal season with a discussion on the economical situation in Lithuania and tried to find out if the crisis is really over here.

“Officially it is over”, said Nerijus Udrenas, Adviser to the President of the Republic of Lithuania.

“Every day we receive the better news than Yesterday”, commented Jekaterina Rojaka, Chief Economist of DnB NORD Bankas.

According Ricardas Cepas, CEO of Re&Solution, situation in the Real Estate market is slightly getting warm. However “the situation in the labor market” is extremely bad, added Andrius Francas, Country Director Lithuania, Strategic Staffing Solutions, Lithuania.

With this news we expect the whole economic situation to be better and better every day. And we declare the crisis over. Officially at least.

The discussion was held at Radisson Blu Hotel Lietuva.

These were the topics during the seminar:

  • Crisis crisis go away
  • Lithuanian Economy Post-Crisis Challenges
  • The Baltic Markets,

All of the presentations can be found here

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