economy

The Lithuanian Free Market Institute (LFMI) warns that, after the recent tax reform, Lithuanian businesses are facing another major regulatory challenge — the implementation of the EU Pay Transparency Directive.

Taxpayer’s Respect Day is marked in Lithuania on May 11. Since 2018, at LFMI’s initiative, it has been included in Lithuania’s official list of commemorative days — a reminder that the state is built by those who work, invest, create jobs, take risks, and generate the resources on which public life depends.

According to the explanatory note of the draft law, strike activity in Lithuania remains consistently low, while in countries such as France, Italy, and Belgium, strikes are a common and effective tool for defending workers’ interests. But do collective labor conflicts actually improve workers’ well-being in the long run?

On April 22, 2026, INESS organized an international conference “The 2026 Free Market Road Show” at the Pálffy Palace in Bratislava in cooperaction with the Austrian Economics Center. The title of the conference was “Regulatory Detox – Awakening Dormant Growth.”

The study commissioned by the Civil Development Forum (FOR) was conducted by Opinia24 between 17 and 21 March 2025 on a sample of 1,000 respondents. The sample was representative of the adult population of Poland in terms of gender, age, education and place of residence (rural areas and cities of different sizes), as well as voting preferences expressed in the 15 October 2023 election. 

After 16 years, illiberalism fell in Hungary. The markets predicted it while Fidesz pollsters and politicians were blindsided, proving yet again that free markets are better than government control.

In 2024, alcohol consumption per capita in Poland was the lowest (8.77 litres of pure alcohol) since 2005, and since 2021 there has been an uninterrupted downward trend in alcohol consumption. We drink about 10% less than in 2019 or 2021. Given that consumption is declining naturally, it does not seem that additional regulations and restrictions are needed.

The assessment of income taxes is mixed. On the one hand, Poland\'s top marginal tax rates are in many situations lower than, or close to the OECD average. On the other hand, the Tax Foundation points to many elements that fall short of the postulates of simplicity and neutrality of the tax system. 

Alcohol abuse and risky drinking have negative consequences for drinkers and their loved ones, and also pose risks to public health. Reducing the harmful effects of drinking is therefore an important objective for public policies.

The idea of capping interest rates on non-bank consumer loans has returned to the Czech political agenda. The intention is unimpeachable: protect financially vulnerable people from predatory lenders and prevent debt spirals. Nobody serious disputes that goal. However, will the rate cap actually solve the problem it claims to address?