Lithuania ranks 24th on Doing Business 2015

As business starting procedures were simplified even more, Lithuania managed to remain in a high place – 11th – in terms of starting a new business. Lithuania’s score is higher than that of Belgium, Estonia, Latvia, Poland, France, Finland, Germany and other member-states of the European Union (EU).

On Doing Business 2015 Lithuania ranks 10th among 28 members-states of the EU. In the joint worldwide list Lithuania comes 24th among 189 countries.

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On Doing Business 2015, Lithuania is ahead of the Netherlands (27th), France (31st) and Belgium (42nd). Like in the previous year, Singapore remains the most business-friendly country, while New Zealand (2nd) and Hong Kong (3rd) swapped places on this year’s list.

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