The government has taken aim at the informal economy, just as many prior to it has. This time, the construction sector, meat produce trade, healthcare institutions and minor traders are in its sights, lrt.lt writes. […]
Economist Gitanas Nausėda, an adviser to SEB bank’s president, has been named the most influential representative of the business sector and economists, according to a new survey by Spinter Tyrimai for the delfi.lt news website. […]
Allusions to alleged Nazism of one’s opponent are characteristic to debates on values in Lithuania and beyond. “That’s what Hitler did!”, “That’s Nazi thinking!” – We often read in texts and hear on talk shows. […]
A copy of the State Security Department (VSD) report to the National Security and Defence Committee (NSGK) Delfi has obtained reveals in what ways the MG Baltic group aimed to influence state institutions, politicians and […]
The overall scale of shadow economy in Lithuania is on the decline amid an improving economic situation, but shadow activity in the strong alcoholic drinks market is growing due to increased excise duties, according to a report by the Lithuanian Free Market Institute (LFMI). […]
“This was the first year. The cabinet ministers were new, they did not participate in the electoral campaign – they needed to become accustomed to working together, needed to feel how the cabinet works, how […]
The Vilnius administration has been the most efficient across Lithuania for the third consecutive year, shows the 2017 Municipal Performance Index published by the Lithuanian Free Market Institute (LLRI). […]
All parties stress the importance of the economy and businesses, pledging to improve conditions in those sectors every election. Various abstract propositions help getting seats in the Seimas. Unfortunately the voting results do not always […]
With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Labour Party electoral programme and their significance. […]
With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Lithuanian Peasant and Greens Union electoral programme and their significance. Improvements of social […]
With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Social Democrat Party’s electoral programme and their significance. […]
With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Homeland Union – Lithuanian Christian Democrat (TS-LKD) electoral programme and their significance. […]
On the evening of September 13 a political debate featuring the top five largest Lithuanian parties was broadcast on LRT Television. The topic of the debate – economics. The debating parties were the Lithuanian Social […]
Opinions are divided on why Lithuanians make relatively low wages, even compared to their northern neighbours in Estonia. As pointed out by the chief economist for Swedbank, Nerijus Mačiulis, there is a plethora of reasons […]
Statistics Lithuania has announced data showing that 22.2% of Lithuania‘s population risked falling into poverty last year. Economists were quick to note that this trend repeats year after year, but that statistics do not show […]
The black economy in Lithuania is estimated to be worth more than €9 billion, or more than one billion euros more than the country‘s budget this year, which includes EU funding and other international supports. […]
Acting Chairman of the Liberal Movement and Mayor of Vilnius Remigijus Šimašius is distancing himself from the MG Baltic business group, whose vice president, Raimondas Kurlianskis, is suspected of bribing former Liberal Movement chairman Eligijus Masiulis. […]
The black market in Lithuania shrank by 1% in 2015 to 25.8% and shrank by 5% over the last decade (from 31.1% in 2005). Currently, Lithuania’s black market is smaller than Estonia’s (at 26.2%). However, […]
More than a quarter of Lithuania’s economy still exists on the black market, according to the Lithuanian Free Market Institute‘s research into the country’s shadow market. The research found that Lithuania’s black market was found […]
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