This post was automatically translated into English
Verslo žinios interview with EIKOS CEO D. Dargis about the challenging period: “What we are currently building, we will definitely finish. However, the start of the planned projects is still uncertain. We do not know how to forecast market sales, because they are currently completely at a standstill.”
If we look at 2008-2009, the recovery was very slow. And now expectations will depend very much on the government’s reaction – how quickly it will pump money. I liked the idea of Luminor economist Žygimantas Maurits: if you start pedaling before the bike stops, it will stagger and continue riding. But if the bike stops, you won’t be able to pedal – you will simply fall over.
“If the huge amount of money that is planned to be allocated is going to hit the economy in about three months, I think that bike could come to a screeching halt. I think the developers would wait patiently in that case.”
Full interview here.