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The first Republic of the former USSR to declare its independence in1990, Lithuania is a Baltic State.

Publié le 23/05/2020

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« The first Republic of the former USSR to declare its independence in 1990, Lithuania is a Baltic State.

The early days of independence were marked by economic difficulties following from the divorce from the old system which had long been integrated into the USSR. Nonetheless the 1992 elections were won by the former Communist Party. Sullied by these affairs, the government was brought down by the parliament in February 1996.

The march towards a market economy has meant a large fall in the standard of living of Lithuanians.

But privatisation is now virtually complete. There are still significant tensions with Russia, although Lithuania has signed an association agreement with the European Union and wishes to become part of NATO.. »

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