Lithuanian Free Market Institute

Income inequality might go down slightly in Lithuania this year but no major changes are expected, economists have told BNS.

Lithuania's economy has maintained a stable growth pace, analysts say after the country's statistics office, Statistics Lithuania, said earlier today that the country's GDP grew 3.6 percent over a quarter.

The Lithuanian government's decision on Wednesday to raise the minimum monthly wage in Lithuania 9 percent to 607 euros, from the existing 555 euros (before tax), as of next year will hurt regional residents, the ones who theoretically should be benefiting from it, Ricardas Sartatavicius, executive ...

Some Lithuanian businesses denounced on Wednesday a legislative initiative to ban alcohol and tobacco manufacturers and traders from owning media organizations as a dangerous precedent.

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.

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.

The overall scale of shadow economy in Lithuania is on the decline amid an improving economic situation, but shadow activity in the strong alcoholic drinks market is growing due to increased excise duties, according to a report by the Lithuanian Free Market Institute (LFMI).

The Vilnius administration has been the most efficient across Lithuania for the third consecutive year, shows the 2017 Municipal Performance Index published by the Lithuanian Free Market Institute (LLRI).

The Lithuanian government's proposed tax changes are primarily aimed at improving the situation of small-sized businesses and low earners and cannot be called a fundamental reform, analysts told BNS.

With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Labour Party electoral programme and their significance.

With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Social Democrat Party’s electoral programme and their significance.

With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Homeland Union – Lithuanian Christian Democrat (TS-LKD) electoral programme and their significance.