Following 2014 reforms, municipalities allocate social allowances by performing municipal, rather than the state function. This reform was aimed at achieving more transparent and targeted social benefit allocation process by decreasing the volume of improper or inappropriate payments.
LFMI’s brand new textbook on economics, “Economics in 31 Hours”, will be hitting the bookstores and schools across Lithuania this autumn after a pilot project with 30 teachers and over 1,300 pupils.
On June 11-12, the Lithuanian Free Market Institute will host the Heritage Foundation representatives, who will meet with the Lithuanian government, politicians and business leaders to discuss Lithuania’s progress in the 2015 Index of Economic Freedom and reforms needed to further improve the country’s ratings.
After having examined the draft Labour Code and submitting comments and proposals to relevant decision-making bodies, LFMI has concluded that the project is a huge step towards flexible labour relations and will significantly contribute to advancing job creation in Lithuania.
May 1, 2014 – A new recast of the Law on the Acquisition of Agricultural Land in the Republic of Lithuania1 (hereinafter referred to as “LAAL”), also known as the land “safeguards” law, has taken effect. The law stipulates provisions that limit the right to freely operate in the agricultural market by restricting agricultural land purchase and sale transactions.
While the European Union is pursuing regulation and centralisation and European economies continue to grapple with the crisis, on May 7, the Lithuanian Free Market Institute (LFMI) hosted an international conference “Austerity without reforms – economies without growth” in Vilnius, Lithuania. The conference was organised in cooperation with the Austrian Economic Center and the Friedrich Naumann Foundation as a part of the Free Market Road Show 2015.
Mes, toliau pasirašę keturiolika viešosios politikos analizės centrų ir 4Liberty tinklo narių iš aštuonių Rytų ir Vidurio Europos šalių, raginame Europos Parlamentą, Europos Tarybą, Europos Komisiją ir ES valstybių narių parlamentus grįsti savo sprendimus tik tyrimų išvadomis ir ekonominiais duomenimis bei pritarti TTIP susitarimui ir jos elementams, įskaitant susitarimą dėl investuotojų ir valstybių ginčų sprendimo.
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.
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.
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