Lithuania

Elena Leontjeva, Co-Founder and Chair of the Board of the Lithuanian Free Market Institute (LFMI), will serve as the organization\'s president. Elena led LFMI since its inception until 2001.

This conference seeks to shed light on these and more questions, while proposing ideas on the revision of the State aid modernization package. Join us in the discussion together with leading national and EU experts, stakeholders, and scholars on competition policy and state aid!

The administrative burden has decreased by one working day or 8 hours compared to last year, shows the 2019 Bureaucracy Index published by the Institute of Economic and Social Studies in cooperation with the Lithuanian Free Market Institute.

Bureaucracy is still a burden for both entrepreneurs and ordinary citizens. One of the reasons why the political “fight” has not achieved remarkable success in fighting the red tape, is a missing connection between politics and the everyday life of entrepreneurs.

Across Europe, shadow markets constitute a significant portion of the economy. According to some estimates, an average of 16% of GDP in EU member states is generated by the shadow economy.

The Nanny State Index 2019 measures the level of restrictive regulations governing the sale and consumption of food, non-alcoholic beverages, alcohol, tobacco, and e-cigarettes. The higher a country\'s ranking, the more restrictive the regulations.

On May 11, Lithuania celebrated its second National Respect for Taxpayers Day. This day became an official commemorative day in Lithuania following the adoption of a proposal from the Lithuanian Free Market Institute (LFMI) in early 2018.

Under EU legislation, Member States are required to abolish any legal provisions contrary to the principle of equal treatment and have to introduce measures that would facilitate getting legal remedies in cases of alleged violations of equal treatment.

On March 27, 2019, the Lithuanian Free Market Institute (LFMI) ran the second edition of the National Economics Exam. Aimed at promoting economic literacy and the relevance of economics education, the exam is intended for all citizens interested in measuring their knowledge of economics.

After seven years in his role as President of LFMI, Žilvinas Šilėnas will lead the Foundation for Economic Education (FEE) in the United States. LFMI’s long-serving Vice President Edita Maslauskaitė will succeed Šilėnas as LFMI’s Interim President from mid-April.