History of Lithuania boycotted by the Jews, Lithuanians and Belarusians, then was annexed into Poland on March 24, 1922. The Conference of Ambassadors awarded Vilnius to Poland in March 1923. Lithuania did not accept this decision and broke all relations with Poland. The two countries were officially at war over Vilnius, the historical capital of Lithuania, inhabited at that time largely by Polish-speaking and Jewish populations between 1920 and 1938. The dispute continued to dominate Lithuanian domestic politics and foreign policy and doomed the relations with Poland for the entire interwar period. For administrative purposes, the de facto territory of the country was
Economy of Lithuania degrees of business, fiscal, and financial freedom. Lithuania is a member of the EU and the WTO, so regulation is relatively transparent and efficient, with foreign and domestic capital subject to the same rules. The financial sector is advanced, regionally integrated, and subject to few intrusive regulations. One of Lithuania's most important reforms was the privatization of state-owned assets. The first stage of privatization was being implemented between 1991 and 1995. Citizens were given investment vouchers worth €3.1 billion in nominal value, which let them participate in assets selling. By October 1995, they were used as follows: 65% for acquisition