Enterprise bankruptcy in Lithuania
Santrauka
Since The re-establishment of the independence, Lithuania has undergone major changes in the sphere of economy and had to re-orientate it towards a new (economic) market system, to enter new markets, and to restructure the economy. The shift in business conditions has given rise to numerous upheavals, includings the bankruptcy of enterprises, which had detrimental economic and social consequences (one of such evils was increasing unemployment). [...].