Baltic economies continue to rocket ahead, still registering the highest growth rates anywhere in Europe. In the latest statistics to be released, Estonia reported a 6.8 percent growth rate for the first quarter of 2004, a higher-than-expected figure.
Last month, Latvia weighed in with the highest first-quarter growth among the Baltics—a whopping 8.8 percent rate.
Lithuania notched up numbers that were nearly as impressive, announcing 7.7 percent quarterly growth.
Lithuania's economy boomed by 9 percent for the whole of 2003; Latvia's grew by 7.1 and Estonia's by 5.1 percent.