The 2019 Economic Freedom Report by The Heritage Foundation shows that the world seems to be at a crossroads — it may continue on the path of economic freedom or it may return to hindered growth and development.
The European Union is the largest single market in the world, governed by uniform rules set out in the directives and regulations. However, the interpretation of these rules is determined by the EU bureaucracy.
According to the latest Eurostat data, hourly labor costs rose by 2.5 per cent in the Eurozone and by 2.7 per cent in the EU28 in the Q3’18 y/y. The corresponding numbers for the Q2’18 were 2.3 per cent and 2.7 per cent respectively.
Against the background of deteriorating relations between the United States and China, the European Union's strong economic ties with the two countries pose a serious dilemma.
According to Baltic News Network, Lithuanian government plans to have EUR200m of revenues from the shadow economy
According to the OECD experts, there is no significant need to increase the taxation of various forms of household savings in the developed countries but a lot could be improved in the design of these taxes.
Lithuania plans to take a leading role in enhancing cooperation between China and Central and Southeast Europe (CSE) in the fintech sector.
Lithuania's governmental commission for economic infrastructure development gave permission to buy the FSRU LNG terminal Independence, currently rented, after 2024.
Swedbank, the largest bank in the Baltic region, said it won't be drawn into the money laundering scandals that have affected some of its neighbors in the Baltics.
In the last year there were fewer international mergers and acquisitions (M&A) and fewer investment projects of factories built from scratch. The value of FDIs in Poland fell by more than a half.