It is what the Treaty itself and I would add that it is what our 313 million fellow citizens as well as investors and savers in Europe and in the rest of the world are expecting from us. 23) So you are continuously as vigilant as a hawk seeking its prey? Answer: I leave the responsibility for this metaphor to you.
In this regard, expansion of the property tax base could, and should, be considered. The data confirms such needs: budget revenue from income and property taxes in Lithuania accounts for less than a fifth of total tax revenues. In the European Union, this share stands at one-third on average. The general government revenue-to-GDP ratio in Lithuania also lags significantly behind the EU average.