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. […]
The teachers’ strike is a good thing because it encouraged to take interest in what is going on in this system. And a number of factors emerged. It turns out that Lithuania finances this sector quite well. […]
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. […]
Many ordinary people, businessmen and a lot of employees of the State Tax Inspectorate (STI) are convinced that taxes in Lithuania are unfair and justify not paying them. Lithuania seeks to become a member of […]
“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 […]
With Saulius Skvernelis’ cabinet reaching its first birthday, a chorus of Happy Birthday is nowhere to be heard. On the contrary, experts note that this cabinet has given little basis to expect fundamental reform in […]
The “Peasants” (LVŽS) are celebrating their second consecutive debate victory, shows a survey of experts done by LRT.lt after the social policy debate. The “Peasant’s” performance was once again voted as the best, however the lead over the Conservatives (TS-LKD) who were left in second place is only one point. Furthermore most experts agree that G. Landsbergis’ (TS-LKD) closing statement was the strongest, while S. Skvernelis’ (LVŽS) speech was decent, but reading off a paper made for a bad image. […]
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 […]
After the major party debate, experts found the Conservatives (TS-LKD) and the “Peasants” (LVŽS) to have performed the most successfully, earning 33 and 31 points respectively. Meanwhile the Social Democrats (LSDP) left the experts disappointed, […]
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 […]
The currently existing value-added tax (VAT) of 21 percent can stand to be reduced, believes Prime Minister Algirdas Butkevičius. […]
Almost every third Lithuanian claims to know someone who has recently received illegal income. However, two thirds of Lithuanians believe that the State Tax Inspectorate (VMI) should not have access to people’s bank account balances in order to fight tax evasion, a survey by Spinter Tyrimai shows. […]
The decision by Maxima LT, Lithuania’s largest retailer that has been slapped with a 16.9-million-euro fine for anti-trust violations, to lower prices for over 1,000 products may have a positive effect on the economy, if it leads to increased competition among retail chains, Nerijus Mačiulis, the chief economist at Swedbank, said on Tuesday. […]
Less than a decade ago many people were talking about how we will be running out of oil soon. Many politicians and experts were constantly spouting “peak oil”. Serious faces in reputable conferences were asserting that it was obvious that the world production of oil had peaked and would be decreasing. The few dissenters were called naive or “market fundamentalists”. […]
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