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EU budget ‘should be cut by half’; LFMI study is presented in Brussels by New Direction

07-02-2013

The budget of the European Union could function at half of the proposed cost to EU taxpayers while boosting economic growth, according to a new report, 50:50 for 2020,- published in Brussels today. The report is written by Lithuanian Free Market Institute senior expert Kaetana Leontjeva and presented by New Direction - The Foundation for European Reform.

Tax Freedom Day falls on May 20 this year

17-05-2012

LFMI proposes to declare this date Taxpayer Appreciation Day.

"Lessons from Lithuanian austerity"

04-05-2012

"Countries should prepare themselves for possible contractions before they come, identifying wasteful programs, stipulating priorities in government spending and being ready to cut the less relevant spending. Government spending should not be rigid and disregarding economic realities, instead it should adjust itself according to budget revenues. This is the only way to avoid painful tax increases, which do not always bring in more revenues and only deepen the recessions." | Kaetana Leontjeva, IREF

Malfeasant central bankers, again

24-10-2011

Article by Steve H. Hanke, a Professor of Applied Economics at The Johns Hopkins University in Baltimore and a Senior Fellow at the Cato Institute in Washington, D.C.

Ending Excess: Cutting the Costs of the European Parliament

12-10-2011

A new study from Brussels shows the European Parliament's budget can be reduced by 24% percent annually.

The Success of Swedish Society is Not Due to the Welfare State

12-10-2011

A new study from Helsinki debunks the myth of the Swedish model.

Robin Hoodwinked

15-02-2006

Robin Hoodwinked

31-01-2006

Structural funds and agricultural assistance have invariably been used to garner political support for EU membership, but they have never created necessary conditions for economic growth, argues LFMI‘s President Ugnius Trumpa. The commentary is posted at TCSDaily.com.