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debtville

Economy

Shadow Economy in Lithuania: A Boost in Illegal Alcohol and Tobacco

LFMI/December 28, 2017 /Leave a comment

After three years of decline, illegal trade in alcohol is on the increase, shows a research by the Lithuanian Free Market Institute (LFMI). According to LFMI, this year the shadow economy occupied 24% of the spirits market in Lithuania, representing an increase by two-percentage points since 2015.

Economy

Project Debtville

Jonas Rais/April 12, 2013August 31, 2017 /Leave a comment

Government budget and the whole of public finance stand on the same basic principles such as family budget.

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