Lithuania - Financial Crisis Survey 2009

This research was conducted in Lithuania in June-July 2009 as part of the first round of The Financial Crisis Survey. Data from 239 establishments from private nonagricultural formal sector was analyzed to quantify the effect of the 2008 global financial crisis on companies in Lithuania. Researchers revisited establishments interviewed in Lithuania Enterprise Survey 2009. Efforts were made to contact all respondents of the baseline survey to determine which of the companies were still operating and which were not. From the information collected during telephone interviews, indicators were computed to measure the effects of the financial crisis on key elements of the private economy: sales, employment, finances, and expectations of the future.