As the holidays approach, people head to Poland to shop, and some plan to spend the New Year there too. In Poland, they say, both food and accommodation are cheaper. But, at the same time, […]
Is it right for one person to pay 5 euro for a service, while another – 10 euro for the same? Most would likely say that’s unfair. However when talking about social insurance this argument […]
Lithuania’s government is keeping its promise to reintroduce a reduced value-added tax (VAT) on heating, with Finance Minister Vilius Šapoka pledging to submit relevant amendments to the Cabinet on Wednesday. […]
A reduced value-added tax (VAT) on the key food products cannot ensure lower prices for buyers, Lithuania’s Prime Minister Saulius Skvernelis told the national radio LRT on Tuesday. […]
The Government has prepared a plan for tax reconstruction which was already presented to both the Peasant and Green Union and the social democrats on Wednesday, and will be presented to the public on Friday. […]
Lithuanian companies selling mobile phones, laptops and other electronic devices are suspected causing about 750,000 euros in damage to the state budget via value-added tax (VAT) fraud schemes, the Financial Crime Investigation Service said on Monday. […]
Though the leaders of the Lithuanian Peasant and Greens Union (LPGU) have kept repeating that they will work with the ministerial cabinet as one, but the first steps of the new government have been accompanied […]
Lithuania will have to improve its reputation that has been harmed by the country’s inability to find common ground with its partners in Rail Baltica and to prove that it is not holding back the European standard-gauge railway project, Rokas Masiulis, the new transport minister, said. […]
The program of the coalition government of the Lithuanian Peasant and Green Union and the Social Democratic Party no longer features specific proposals on planned tax reform, also giving a vague idea of the possible changes of the pension scheme. […]
Lithuania’s opposition lawmakers say that next year’s budget drafted by the outgoing government is “a semi-finished product” that should not be taken seriously. […]
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 […]
Mass emigration from Lithuania has become a key topic in this year’s general elections, with most political parties vowing to create more well-paid jobs to lure people back home, but laying emphasis on different aspects of achieving this goal. […]
Both the coalition government and the opposition parties agree that too little tax revenue is collected in Lithuania and also that there is a need to reduce labour and property taxation. The means to do […]
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