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Given the current debate on the EU’s energy security issue, it is worth remembering the 1973 U.S. oil crisis. What lessons can the 2013 Europe learn from those 40-year-old events? The misunderstood story of the 1973 oil crisis It’s...
The first of January in 2014 is the official euro introduction date in Latvia. The government is in a rush to introduce euro currency in Lithuania, too. Having in mind that Lithuania is holding the Presidency of the Council of the European Union...
Understanding and freedom are essential Over the past three years the share of European Union (EU) citizens who want to be self-employed has fallen from 45% to 37%, reports European Commission (EC). This year EC highlighted the need for more...
In 1974, a renowned economist and Nobel Prize winner Friedrich A. von Hayek in his speech “The Pretense of Knowledge” criticized the economic policy of that time: “We [economists] have indeed at the moment little cause for pride: as a...
Written statement for the WHO European Region’s high-level technical meeting on health systems in times of economic crisis, to be held on 17–18 April in Oslo, concerning the follow up the high-level ministerial meeting on this theme, held...
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...
Abstract The core stones of the EU have always been 4 freedoms which made the Union desirable and promising. However, the EU enlargement is not only physical – with new members joining, – but it is also increasing in powers and regulatory...
Lithuanian Free Market Institute (LFMI) introduces a new periodical publication “Lithuanian Shadow Economy“. The publication provides data about shadow economy in Lithuania and more specific data and insights in alcohol, fuel and cigarette...
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...
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...
