In Lithuania, the collapse of the first commercial banks, credit firms and trading companies in 1994–1995 seemed like a national economic catastrophe. At the same time, it marked the boundary between the era of wild capitalism and the new order based on the rules of the game dictated by political and financial clans.
The first to taste the fruits of the free market were the Kaunas millionaires, who were the first to receive it through their ears…
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In Lithuania, the collapse of the first commercial banks, credit firms and trading companies in 1994–1995 seemed like a national economic catastrophe. At the same time, it marked the boundary between the era of wild capitalism and the new order based on the rules of the game dictated by political and financial clans.
The first to taste the fruits of the free market were the Kaunas millionaires, who were the first to receive it through their ears…