The Lithuanian parliament's Committee on Budget and Finance, which has investigated the circumstances surrounding the 2009 financial crisis, is proposing to the government to consider a possibility to establish a commercial state bank.
financial crisis
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A financial crisis in Europe might happen in ten years at the earliest, the Swedish financial group Swedbank's chief economist says, adding that such a crisis will probably be sparked by trade conflicts, not macroeconomic factors.
Negative interbank interest rates are making life easier for Lithuanian borrowers, both consumers and businesses, but Lithuania’s financial experts are worried that it may create another financial crisis and could be sign of a coming economic downturn.
