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“This plan has a bureaucratic accent so as not to set excessive expectations. Happiness is the difference between expectations and reality, so the main task of the plan is to form not too optimistic expectations. It’s a sign that we still have a long way to go, ”he said on Delphi Theme.
Ž. According to Maurico, the Lithuanian government will change the applicable restrictions according to what happens in other European countries.
“I am of the opinion that we are a small and open economy; at the level of the European Union we are like Jurbarkas at the level of Lithuania. The borders are open like a scarecrow, there is movement and we have little opportunity to differentiate ourselves from the general context. We will swim river down.
It is good that Germany and other Western European countries still have sufficiently strict restrictions. However, if those countries begin to significantly liberalize their economies, we will inevitably follow suit. For example, if Latvia, Estonia, Poland and the Scandinavian countries liberalize their economies at the end of March, and we have not yet liberalized the indicators, that scenario is unlikely.
I think we will make the same decisions as the main partners, ”he said.
The economist pointed out that the plan currently prioritizes the epidemiological situation more than the economic one.
“There will be consequences for the economy, the budget deficit, the growth of the underground economy, etc.”, he warned.
Snowball
Ž. Maurice compared quarantine to a snowball.
“If applied briefly, the economy can quickly get back on track, and the experience of other countries shows that the longer the quarantine lasts, the more the snowball grows, the more problems grow and the more difficult it is to solve later.
The longer the quarantine, the greater the risk that we will have more unemployment, more bankruptcies, etc. “If we delay in opening up our economy compared to other major economies, there is a risk of emigration,” he said.
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