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150128 ||| eng |
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|a 9781451824193
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245 |
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|a Republic of Lithuania
|b Financial Sector Assessment Program Update-Technical Note-Insolvency and Creditor Rights Assessment
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2008
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300 |
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|a 12 pages
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651 |
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4 |
|a Lithuania, Republic of
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653 |
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|a Depository Institutions
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653 |
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|a Revenue administration
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653 |
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|a Banks
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653 |
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|a Finance
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653 |
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|a Public finance & taxation
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653 |
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|a Industries: Financial Services
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653 |
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|a Financial sector policy and analysis
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653 |
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|a Financial institutions
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653 |
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|a Bankruptcy
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653 |
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|a Micro Finance Institutions
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653 |
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|a Debt
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653 |
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|a Mortgages
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653 |
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|a Legal support in revenue administration
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653 |
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|a Solvency
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653 |
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|a Taxation, Subsidies, and Revenue: General
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653 |
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|a Liquidation
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653 |
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|a Public Finance
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653 |
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|a Finance: General
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653 |
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|a Revenue
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710 |
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|a International Monetary Fund
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Staff Country Reports
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028 |
5 |
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|a 10.5089/9781451824193.002
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856 |
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|u https://elibrary.imf.org/view/journals/002/2008/245/002.2008.issue-245-en.xml?cid=22197-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
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|a 330
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520 |
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|a This Technical Note discusses key findings of the insolvency and creditor rights assessment for Lithuania. Lithuania has made significant progress in the field of creditor rights legislation and related institutions. Under the current legal framework, the creation and registration of secured transactions is rather easy and affordable. The privatization of the bailiffs system has contributed to accelerating the recovery process and increasing the enforcement efficiency. In the area of corporate insolvency, the Enterprise Bankruptcy Law and the Law on Restructuring of Enterprises are generally consistent with international standards
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