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International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 00:11

Lithuanian PM: growing investors' confidence – compliment to government

BC, Vilnius, 13.11.2014.Print version
Investors have positively assessed the Government's efforts to improve Lithuania's business climate, says Prime Minister Algirdas Butkevicius, reviewing Investor Confidence Index for Lithuania compiled by Investors' Forum, informs LETA/ELTA.

In the last quarter, the confidence index reached 1.181.

 

"It is a positive assessment of our Government's efforts. The Government has adopted a number of decisions which facilitate business," he said.

 

The study also revealed those areas which the Government has to work on more. One of these, in the view of Butkevicius, is retraining of employees.

 

"Investors stress that Lithuania's education system needs changes because it no longer corresponds to the market needs. Already back in this summer, I tasked the Ministries of Economy, Science and Education and Social Affairs and Labour with this () I am expecting their action plan in the short run," the prime minister said.

 

As reported, investors' confidence in Lithuania's business climate has been growing throughout the year, as well as in the last quarter when Eastern Europe was shaken by instabilities, an Investor Confidence Index for Lithuania by Investors' Forum has showed.

 

It is estimated that during the last quarter of this year the score of the confidence index reached 1.181 (maximum is 2). Investors say that their confidence was reinforced a stable political situation in Lithuania, the upcoming introduction of the euro and positive expectations regarding the growth of demand, new jobs and projected capital investment.






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