Lithuania -Shadow economy envisaged -May 18, 2015

Initiative aims to develop a shadow free economy.

The ‘No Country for Shadow’ initiative aims to develop a responsible, active, publicly conscious society and to canvass citizens to help reducing the scope of shadow economy in the country.  It is estimated that the shadow economy has shrunk by 0.9 per cent last year. However, it is still a significant obstacle amounting to about a quarter (25 %) of the country’s gross domestic product. These funds, if accounted for, could be and should be collected and used in order to improve every citizen’s quality of life and overall prosperity.

English: http://www.baltic-course.com/eng/analytics …     

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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