In May, the turnover of retail trade enterprises in Lithuania grew by 1.1%, of food and beverage service enterprises – by 0.3%, the State Data Agency said on Tuesday.
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The Lithuanian government's proposed tax on major retailers' turnover will inevitably raise prices and will negatively affect the country's economy, a new survey shows.
The Lithuanian Cabinet on Wednesday backed in principle new taxes on bank assets and retail turnover, but proposed that the parliament hold consultations on what impact these taxes would have.
