shadow economy Archives - the Lithuania Tribune

Police chief proposes to restrict certain businesses, cash transactions

October 24, 2017 BNS 0

Lithuanian Police Commissioner General Linas Pernavas sees the frequent use of cash as a key factor in the shadow economy and proposes to consider imposing restrictions on marketplaces and construction, transport and car trade businesses, which he says are the sectors where grey activities are most widely spread. […]

Lithuanians will have to open their wallets even wider: goods and services will become more expensive

August 30, 2024 0

According to TV3.lt, Swedbank economists raise their GDP growth forecast for Lithuania and believe the Lithuanian economy will grow the fastest among the Baltic States this year and next. Inflation will likely rise next year, […]

The Baltic Way Celebration in Paris Photo © Ludo Segers @ The Lithua

Janulevičius. Lithuania’s economy looks better than Estonia’s or Latvia’s, but we shouldn’t be happy about it

August 27, 2024 0

From Q1 2022 onwards, Estonia has been in a prolonged recession. Yes, we also had a recession last year, but—rare in our history with Estonia—we have overcome it and are moving on. We are moving, […]

Resorting to anger when it should be apologising: experts on Gabrielius Landsbergis

August 21, 2024 0

As the debate on the Landsbergis’ assets continues in the public sphere, political analysts are not shying away from the Minister’s calls to assess the limits of his privacy. They say that Gabrielius Landsbergis is […]

Preliminary housing purchase contract – what not to be afraid of and what to check before signing

August 5, 2024 0

A preliminary contract is usually signed when buying a new dwelling directly from the developer or project manager. This contract contains more uncertainties than the main contract and is drawn up at a notary’s office. […]

Intersecting non-systemic actors: why Lithuania’s populists can’t be in the same boat?

July 29, 2024 0

19 political parties have registered to run in the Seimas elections. Still, some have decided to cooperate, while others have attracted or are seeking to attract politicians who performed well in the presidential elections. However, […]

Andrius Kubilius. Summer of Capitulation Shift

July 27, 2024 0

On 5 July, writing about the Great West’s leadership problems, from Macron to Biden, I said, “US President Biden is one step away from capitulation.” Capitulation has happened. Major political shifts are taking place in […]