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In the last few years, the compound word “start-up” has established itself in the Slovak language and is successfully edging out the original term – “a beginning entrepreneur”. A start-up, a start-uper, the start-up scene, a start-up strategy, a start-up investment – the media are packed to the rafters with such collocations. This is not […]

This year the Lithuanian Free Market Institute (LFMI) has launched a new initiative “Let’s Agree” which is aimed at promoting a better-informed, constructive dialogue and peaceful agreement within local communities on issues relating to investment promotion and environment protection in Lithuania.

On March 5-8, 2015, university students from Slovakia and the Czech Republic gathered for the sixth annual Seminar on Austrian Economics organized by INESS, where they had an opportunity to attend quality lectures delivered by foreign and Slovak lecturers.

Former LFMI\'s President and long-time fellow Remigijus Simasius won the Vilnius City mayor’s post in Lithuania’s first direct mayoral elections, beating incumbent Mayor Arturas Zuokas in the March 15th run-off thus securing 61% of the vote.

These local elections are historically the most successful, 9 city and district Mayors from Vilnius to Klaipėda will be liberals, – says The Chairman of Liberal Movement Eligijus Masiulis. Nine elected Mayors will govern Lithuanian cities and districts of municipalities in which, according to Department of Statistics, is located almost 883,500 of the population.

The new Greek government of the leftist party SYRIZA wanted to take back austerity reforms in order to, for example, “gradually restore salaries and pensions so as to increase consumption and demand”. But it seems that the only thing accepted by the European Commission and eurozone finance ministers is 4-month extension of the bailout in return for presenting a list of reforms that Greece had committed to undertake.

A survey conducted by the Lithuanian Free Market Institute (LFMI) shows that a rise in the minimum wage negatively affects Lithuania’s businesses and hurts workers. Of the 181 companies questioned, every third said that the 2012 and 2013 increases in the minimum wage had a negative impact on their businesses

The proponents of the limited access to savings caught savers into a trap. Take it or leave it. Fortunately, also thanks to INESS, which also commented on the law in Parliament, there is a sort of exit option for savers, who don’t like the offered annuities but need some money from their savings. They can keep their savings account and withdraw at least annual yield.

The Lithuanian Free Market Institute in partnership with Atlas Network organizes European Think Tank Startup training. A team of experts, among them Peter Botting, Dr. Tim Evans, Edita Maslauskaite and Zilvinas Silenas, will help you to become a better think-tanker.

Hungarian citizens can be more engaged and active in politics, though it is not certain, whether the Podemos-model as a whole can be simply copied. There are differences in the political culture as well as taste, not to mention that for many the radical rightist Jobbik is also an acceptable anti-regime alternative.