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Октябрь
2024

Analyst: Banking tax has not directly harmed Lithuanian economy

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The Lithuanian economy's IT sector growth is helping it catch up to Estonia, Tadas Povilauskas, chief analyst at SEB Lithuania, tells ERR in an interview. The expert notes that tax hikes cannot be ruled out in Lithuania, and that while the country's banking tax has not harmed the Lithuanian economy, it has impacted its reputation in the eyes of investors.