Lithuanian elections: Will the needed reforms continue?
For the first time since re-establishment of independence in 1990, Lithuanians had the opportunity to re-elect the same government which served a full four-year term in office. In the neighbouring Baltic states, Latvia and Estonia, governments pushing for greater fiscal prudence and pro-growth economic reforms have laid the foundations for economic recovery. However, judging by the results of the Lithuanian parliamentary elections of the 28th of October 2012, and the currently developing coalition scenarios, the picture seems to be different.
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