Lithuanian Free Market Institute

Income inequality might go down in 2020

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

Analysts warn: economy is slowing

Lithuania's economy has maintained a stable growth pace, analysts say after the country's statistics office, Statistics Lithuania , said earlier today...

Industry body warns: minimum wage rise will hurt regions

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...

Businesses react to Bakas' media ownership proposal

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

Targeting the informal economy in markets, construction sector and wage payments

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...