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During the global financial crisis, public pensions in Lithuania were cut to reduce further strain on the government budget. The Lithuanian government is now considering backpaying these pensions. Possible sources of public pension offset are...
Sometimes it seems that all tax news is bad. France has raised its top income tax rate to a scandalous 75%. Eleven EU member states are set to introduce a financial transaction tax. Lithuania is debating progressive taxation and higher taxes...
The budget of the European Union could function at half of the proposed cost to EU taxpayers while boosting economic growth, according to a new report, 50:50 for 2020, published in Brussels today. As European leaders gather in Brussels for the...
In recent years, the Baltic States have been showcased as an austerity success story. While the whole world has seen countries such as Greece, Spain and Portugal struggling to reduce their public spending, Lithuania has been hailed as an austerity...
