“No one is going to regulate prices or halt price rise in one way or another, as the biggest watchdog of prices and maybe the strictest one, the most ruthless punisher of dishonest businesses, are we, the consumers. We may choose where to buy and where not to buy,” said the minister of finance in an interview with the Žinių Radijas radio on Thursday.
Asked about certain monopolistic sectors, where the free market is not fully functioning, Minister Šadžius has assured that the government will do everything to recalculate prices fairly and to prevent them from rising due to the introduction of the euro.
According to the minister, businesses will firstly have to be honest when prices of goods and services at their publication sites will be displayed in both currencies. This obligation will come into effect on 22 August.
"We can shout very loudly, but it won't change the position of the American people,"…
From mocking messages flooding social networks to harsh criticism from political experts, the decision of…
Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…
According to Lrytas.lt, the North Atlantic Treaty Organisation (NATO) faces a new geopolitical reality with…
In September, Citus – a creative real estate projects’ development and placemaking company – began…
As various parties emerge, disappear or reorganize themselves in the political space, the Lithuanian Social…