LFMI

The Lithuanian Free Market Institute has a pleasure to invite all interested to read Institute’s publications available in English: 29th Survey of the Lithuanian Economy – summary of the results Index of Municipalities in Lithuania The Lithuanian Free Market Institute has introduced its first Index of Municipalities in Lithuania which was compiled using a unique methodology. Using overall 55 indicators, the Index measures the performance of municipalities. This project was aimed at creating a useful…

LFMI

LFMI submitted comments to the Government and the Ministry of Social Security and Labour, welcoming Government-proposed amendments to the Labour Code. LFMI believes that removing the requirements to keep employment contracts record books, to issue monthly pay statements and to conclude labour contracts according to the model form will reduce the high administrative burden for companies. LFMI is of the opinion that such proposals as the permission to conclude fixed-term labour contracts for permanent jobs,…

LFMI

In May, the Lithuanian Tripartite Council debated Government-proposed amendments to the Labour Code that envisaged the first-ever thorough revision of employment regulation in Lithuania. The package contains proposals that would render labour relations more flexible to correspond to the real needs of the market and the existing reality. Supporting the Government’s proposals, we took part in the sittings of the Tripartite Council and in the public debates, highlighting that these changes would be beneficial both…

picture: Images_of_Money

In response to the on-going financial crisis in the euro zone, LFMI, a leading economic policy think-tank in Lithuania, has worked out and submitted to responsible institutions a plan which would help countries exiting the euro zone to build stable and sound money. LFMI‘s proposal can be also used by the euro zone when attempting to strengthen the euro and to restore people‘s confidence in the single currency. The persisting crisis of euro zone state…

LFMI

In April we continued working actively on the issues of higher education. The Parliament passed amendments to the Law on Science and Studies, incorporating our recommendations submitted in March. Among them is the provision enshrined in the law that well-learning students “shall be granted” studentships (the original wording of the bill was “may be granted” studentships). We understand that there is still a number of pressing issues to be solved as regards the higher education…