The Lithuania Tribune presents an opinion article by the political analyst Kęstutis Girnius on the seemingly discordant decision-making of the ruling Social Democratic party in Lithuania in relation to the tax system, which at times, allegedly, even contradicts its own ideological principles. Two weeks ago, …
Over the past three years the share of European Union (EU) citizens who want to be self-employed has fallen from 45 per cent to 37 per cent, reports European Commission (EC). This year EC highlighted the need for more entrepreneurs in order to return the …
The European Union and Member States lose billions in unpaid taxes every year from counterfeit and smuggled goods, Lithuanian Free Market Institute has informed. Senior-level tax policy, tax administration and customs officials as well as academics, experts from Eastern European and other countries gathered in …
In its latest edition published today, the World Christian News online journal publishes a story titled “Semi-liberated capitals” where they interview Ukrainian, Estonian and Lithuanian personalities about their respective country’s healthcare systems. Ruta Vainiene from the Lithuanian Free Market Institute offers a scathing indictment on …
The budget of the European Union could function at half of the proposed cost to EU taxpayers while boosting economic growth, according to a new report, 50:50 for 2020, published in Brussels today, newdirectionfoundation.org writes. As European leaders gather in Brussels for a second attempt …
The first meeting of the Vilnius city Liberal Movement was held on Thursday. The Coordination Board assigned Remigijus Šimašius to be the Chairman, alfa.lt reported on 29 December. R.Šimašius raised his four deputies and they were approved: Linas Kvedaravičius (first deputy), Mindaugas Lapinskas, Vidmantas Martikonis …
By adopting the Euro Estonia is making a huge mistake, Ruta Vainiene, the President of the Lithuania’s Free Market institute said. Lithuania should observe the situation in the Euro zone and not to make any further commitments to the single European currency yet, Vainiene said …
Lithuanian government expects to generate 1 billion litai ($410 million) in revenue from action against tax evasion, smuggling and other illegal activities. The size of the shadow economy accounts for 27 percent of national output, led by smuggling, tax evasion and illegal labor, according to …
On 28 September the Lithuanian Free Market Institute has presented a survey on the status of the Lithuanian economy. In September the think tank polled 41 Lithuania’s market participants. According to the survey Lithuania’s GDP should shrink by 16.5 percent this year and unemployment could …
