Lithuanian printed media worships Sarkozy

  • 2009-10-01
  • By Rokas M. Tracevskis
VILNIUS - A combination of the emergence of competition from free dailies distributed in the trolleybuses and shopping malls, and the growth of the Internet, as well as diminishing advertising revenues has brought troubles for Lithuanian printed media. As if it was not enough, in the fall of last year, the new Lithuanian center-right government decided that publishing newspapers, magazines and books is the same business as all other businesses and should pay the same value added tax, i.e. 19 percent from the beginning of this year, and 21 percent from Sept. 1. Lithuania's media cry foul abo...
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