regulation

October 1, 2014

The TTIP and the Future of EU Free Trade Agreements

The free-trade deal between Canada and the European Union has often been described as a template for the potentially much larger Transatlantic Trade and Investment Partnership currently being negotiated with the United States. As such it provides a good case study in the pitfalls that might plague, not just the TTIP, but other future trade agreements that the EU embarks upon.
October 1, 2014

Taxation and the Digital Economy

It is widely acknowledged that Europe lags behind when it comes to digital entrepreneurship. The largest players in the digital economy are based elsewhere, primarily in the US, Japan, Israel, and even China.
October 1, 2014

Free Movement of Labour and the Future of the Welfare State

The free movement of workers across Member States is one the main historic achievements of the European integration process. Not only is such freedom important from the individual worker’s perspective, dramatically increasing the scope of potential employment opportunities. In a situation of uneven economic development, such mobility has also proven to be an important mechanism as a free-market regulator.
September 1, 2014

Towards a Robust Financial Sector – How Should Tax and Regulation Evolve?

The economic and financial crisis has affected the ability of the EU financial sector to channel funds towards the real economy. Heavy dependence on bank intermediation, combined with bank deleveraging and reduced investor confidence, has reduced funding to the economy.
May 1, 2014

Facts and Analysis: the Small Loans Market and Regulation in Lithuania

The small loans market (quick credit, pay-day loans) often gets a lot of criticism in the media. Its critics state that the market has too little supervision; that the industry does not properly assess the ability of customers to repay their loan; and that interest rates are artificially high.
March 1, 2014

Sin Taxes: the Examples of Alcohol and Tobacco

So‐called “sin” taxes are very much in fashion in France and elsewhere. With the aim of reducing “sinful” behaviour and financing the health care system, public authorities are planning to raise the tax load on alcohol and tobacco even higher.
March 1, 2014

LFMI Comments on European Commissions Suggestions for the Tobacco Directive

LFMI made a thorough analysis of European Commission’s proposal for the Tobacco directive (2001/37/EC), related public consultation and scientific evidence which was used in developing the proposal and provides comments and suggestions regarding the proposal.
March 1, 2014

The Government Debt Iceberg

Western governments have developed unfunded social insurance programmes where retiree benefits are paid for from the taxes of the working-age population. This means that an ageing population leads to 
rising expenditures that cannot be covered without increasing taxes on the young.