The Investors' Forum, an association of foreign investors in Lithuania, has put forward 100 proposals to the government on how to improve the business environment in the country.
© DELFI

"We may see different ways to achieve it, but we have a common goal of achieving that we are not where we are today," Prime Minister Saulius Skvernelis said after a meeting with investors on Monday.

Skvernelis said that around 50 of the proposals were already in the government's plans and the rest would be analyzed.

Rolandas Valiūnas, chairman of the board at the Investors' Forum, said that the most contentious issue between the government and the association was opening direct air links between Vilnius and Europe's key capitals.

"We probably agree with the prime minister on 90 percent of issues, and airlines are perhaps an issue on which we don't agree dramatically. We think that financing flights could be a great temporary measure," he said.

Skvernelis said in response that Lithuania was not free to finance air transport under EU regulations.

The association listed the top ten proposals, including placing a ceiling of four average salaries on payments to the state social insurance fund Sodra, ensuring direct air transport between Vilnius and key European cities, encouraging Lithuanian emigrants to return to their homeland, attracting skilled labor and talent, improving the quality of public sector services, and listing a part of large state-owned companies on the stock exchange.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

The future of real estate industry is here already

The Fourth Industrial Revolution (4IR) is already affecting every corner of economy and our lives, and...

China national TV’s attention to Lithuanian business

On November 5–10, Shanghai is hosting the China International Import Expo 2018. Invitations to the...

Lithuania to further promote quality standards in FinTech sector: official

Number of FinTech companies in Lithuania increased threefold in the last year, however the Baltic...

Salary growth in the Baltic States. Estonia leads, Lithuania is not far behind

According to the biggest remuneration survey in the Baltics, conducted by “Baltic Salary Survey”,...

PM sees no grounds for new economic crisis

Lithuanian Prime Minister Saulius Skvernelis says he sees no grounds for a new economic crisis to...