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Lithuania: News

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About Lithuania

Lithuania is a Baltic state covering 65,300 square kilometers (25,212 square miles) with a population of approximately 2.8 million. Lithuania’s capital is Vilnius. The country is one of the top providers of military aid to Ukraine in terms of percentage of GDP, with total aid exceeding 1.7 billion euros. Lithuania hosts Ukrainian refugees, supports sanctions against Russia, and advocates for Ukraine's NATO and EU membership.

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The broad consensus among Russia-watchers is that the country is facing a prolonged bout of stagflation. Growth this year is unlikely to exceed 1%, and inflation is still stuck at 6% (or more). Moreover, the most promising option for reviving the economy is the least likely to be pursued, because it requires President Vladimir Putin's willingness to end the war in Ukraine. The downside risks are legion. Russian troops have barely advanced in Ukraine this year, and Russia cannot spend more on i

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