I am sick of tired of Ltihuanian commentators glorifying necessity to cut govenment spending and ever more "flat" taxes. There is now significant inflation and slow down, despite the governments going that direction on every occassion. The slowdown is less acute than in the other two "Baltic sisters", but they assure that without "real" reforms we will be there just as fast. I would say that Lithuania is not worse off yet because (rather than despite) of the half-heartiness of reforms. Falling behind in real estate and finansial instrumentalization is clearly a blessing.

One of joys of Lithuanian big corporate initiatives is that nothing gets started unless 6-7 digit profits are in sight.