Lithuania’s government in principle backed plans to make intermediaries declare cars’ sale-purchase agreements as early as next year and to also introduce centralized systems of car owners and marketplaces.
The government-approved document sets the goal to reduce shadow economy in the construction sector as well as in the areas of sale of cars and their parts and meat products. The government estimates there are some 500-700 million euros in unaccounted money circulates in the construction sector. The share stands at around 151 million euros in the meat and meat product segment and 73 million euros in the car sale market. (BNN/Business World Magazine)