Lithuania needs changes in areas, such as education, however, the important thing for business is that the parties triumphant in parliamentary elections do not undertake unpredictable decisions or radical changes of laws linked with economy, says Robertas Dargis, the president of the Lithuanian Industrialists Confederation.
Robertas Dargis
© DELFI / Šarūnas Mažeika

He suggested that t he future ruling parties should not jump to changing the newly-adopted Labour Code.

"Business would most want clarity and predictability, it does not want fast motions, as economy needs clarity for investments and a rather predictable setting. If the new administration does not take any radical reforms, the business confidence in the administration will grow and the flows of investments will continue on the same level," Dargis told BNS.

In his opinion, changes are needed in the counter-corruption efforts, management of public finances, education, health care, however, not in economy-related laws.

"If we start twisting the tax system, this will not benefit anyone. On the other hand, if we are talking about the reduction of taxes on labor by possibly expanding the tax base, I think it would benefit the development of our state," said Dargis.

He also suggested that changes of the new Labour Code should not be rushed before seeing how it works.

"I think it is worth waiting, especially, if the new coalition will has sufficient political will, it seems to me that they should not start reforming the code but wait a year or so and see how it works, do a monitoring on how the relation between employers and employees changed on the market before making changes, as constant changes do not benefit the country," said the leader of the industrialists organization.

Įvertink šį straipnį
Norėdami tobulėti, suteikiame jums galimybę įvertinti skaitomą DELFI turinį.
  • 1
  • 2
  • 3
  • 4
  • 5
(0 žmonių įvertino)
0
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Wellness start-up Urban establishes development office in Lithuania

Urban was founded in 2014 by Jack Tang and Giles Williams to provide easy and affordable access to...

Profits in Lithuanian banking sector highest since 2007 (1)

Lithuanian banks and branches of foreign banks in Lithuania earned almost 358 million euros (406...

Alternative lending in Baltics is taking market share from traditional banks and credit unions

In the ever-growing European alternative finance market, Lithuania - together with other Baltic...

Global supplier to mobility industry to open shared service centre in Lithuania

Dana Incorporated, a world leader in highly engineered solutions for improving the efficiency,...

Lithuanian organizations join forces to manage fintech risks

Nine Lithuanian entities agreed on Monday to cooperate in managing risks in the financial technology...