Lithuania: Fully prepared for EU entry

摘要

Lithuania's remarkable economic growth-the highest in Europe-is set to continue as the country settles in as a fully fledged member of the European Union this year. Strengthening exports and a booming domestic market resulted in an increase in GDP of 10.6 percent in 2003. Foreign direct investment has also been strong, increasing 5.6 percent last year. More than half of FDI comes from EU countries, but the United States is also a major investor, with companies like Philip Morris, Motorola and Kraft Foods well-established in the country.