Economics
The municipality thrives economically, unemployment is among the lowest and average wage is among the highest in Lithuania. Economic policies however criticised by some people because such things as green areas and old buildings are being sacrificed for skyscrapers and other commercial objects. The government of municipality however envisions Vilnius as a modern European city and during past few years it rapidly changed. Other parts of the municipality are developing too. Due to good economic policies, municipality is attractive to investors; it already houses tallest skyscraper Europa Tower, largest shopping center Akropolis in the Baltic States and other such objects.
Read more about this topic: Vilnius City Municipality
Famous quotes containing the word economics:
“There is no such thing as a free lunch.”
—Anonymous.
An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)
“Religion and art spring from the same root and are close kin. Economics and art are strangers.”
—Willa Cather (1876–1947)