Lithuania - Is officially known as the Republic of Lithuania. Lithuania is a European Country and shares borders with Latvia, Belarus, Poland, Russia (Kaliningrad Oblast) and the Baltic Sea. Lithuania regained its independence following World War I but was annexed by the USSR in 1940 - this action never recognized by the US and many other countries. Lithuania was the first of the Soviet republics to declare its independence, although Moscow did not recognize this proclamation until September of 1991. Lithuania is a member of North Atlantic Treaty Organization and of the European Union. Lithuanian unemployment fell to 3.2% in 2007 while wages continued to grow at double digit rates, contributing to rising inflation. Exports and imports also grew strongly, and the current account deficit rose to nearly 15% of Gross Domestic Product in 2007. The first written mention of Lithuania is found in a medieval German manuscript, the Quedlinburg Chronicle, on 14 February 1009. During the 14th century, Lithuania was the largest country in Europe: present-day Belarus, Ukraine, and parts of Poland and Russia were territories of the Grand Duchy of Lithuania.
Monday, January 12, 2009
Lithuania
Lithuania - Is officially known as the Republic of Lithuania. Lithuania is a European Country and shares borders with Latvia, Belarus, Poland, Russia (Kaliningrad Oblast) and the Baltic Sea. Lithuania regained its independence following World War I but was annexed by the USSR in 1940 - this action never recognized by the US and many other countries. Lithuania was the first of the Soviet republics to declare its independence, although Moscow did not recognize this proclamation until September of 1991. Lithuania is a member of North Atlantic Treaty Organization and of the European Union. Lithuanian unemployment fell to 3.2% in 2007 while wages continued to grow at double digit rates, contributing to rising inflation. Exports and imports also grew strongly, and the current account deficit rose to nearly 15% of Gross Domestic Product in 2007. The first written mention of Lithuania is found in a medieval German manuscript, the Quedlinburg Chronicle, on 14 February 1009. During the 14th century, Lithuania was the largest country in Europe: present-day Belarus, Ukraine, and parts of Poland and Russia were territories of the Grand Duchy of Lithuania.
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