LFMI report on shadow economy – in Bloomberg news

“In Lithuania, where one in every four consumers admits to having bought on the black market, fraudsters purchase lower-priced fuel from drivers of cars and trucks coming from Russia and Belarus and then sell it below local rates at a profit, according to the Vilnius-based Lithuanian Free Market Institute. The fuel is usually sold in parking lots, the institute said in a report,” BLOOMBERG journalists in their article on fuel fraud refer to LFMI report “Lithuanian Shadow Economy”.

Read more on shadow economy in Lithuania and Baltic States:

Lithuanian Shadow Economy No. 2 One fifth of Lithuanian labour market is undeclared

Population attitude survey towards smuggling and consumption of illegal goods Research: citizens of Baltic States justify and buy smuggled goods

Lithuanian Shadow Economy No. 1 LFMI releases a new publication on shadow economy in Lithuania