The commercial relations between European Union and Lithuania has been intensified significantly due to the integration process. This article analyzes the commercial impact of trade barriers removal in Lithuania for its commercial partners, especially in the case of Spain and its European competitors. A comparative analysis of the evolution and singularities of the Spanish´s import/export flows to Lithuania from 2000 to 2013 revealed that the international trade between both countries became more active, growing and diverse because of different comparative advantages. Even if the rest of European countries keep a bigger share market, there is no foreseeable risk of trade diversion to the detriment of Spanish products.

The paper presents the result of investment position’s evaluation of Grodno counties in 2008-2013. The concept includes the estimation of the lower level of the regional economy (17 regions and the main city Grodno). Using of fuzzy clusters lets to receive gradual transition of counties. At first we received fuzzy clusters and membership functions for regions with similar socio-economic development. Then we analyzed investment positions and value of investments of counties. In the end, we estimated the impact of investments in socio-economic development and drew some conclusions. The methodology can be used for regional investment position evaluation by investors or governance.

Eastern dimension of the European Union is one of the most important dimensions of the European Neighbourhood Policy. Eastern Partnership is a programme aimed at tightening cooperation between the EU and its partners. The result of the Eastern Partnership programme should be the signature of DCFTA with each partner. Signing of such a Treaty can bring advantages and disadvantages as well as dangers for both sides. This article studies the best option for the economic integration for Eastern Partnership countries – customs union of Russia, Belarus and Kazakhstan or the free trade zone with the European Union. Ukraine and Poland have close historical, economical, cultural and economic ties. Their example is the best for the analysis of economic and trans-border cooperation between the EU and Eastern Partnership countries.

The aim of this paper is using cluster analysis to show changes in the clusters composition of 27 EU countries during the current economic crisis. The authors use the characteristics of labor market as an input into cluster analysis. The situation on the labor market is one of the most discussed sections of countries’ economies. The authors discuss the impact of the current economic crisis on the structure of labor market and the composition of the group of countries before (2008) and during (2012) the crisis. The authors use the method of cluster analysis to generate the group of countries. They have chosen the following indicators of labor market: unemployment of different year old groups, unemployment of gender groups and the rate of participation of these groups.

3rd International Scientific Conference “Practice and Research in Private and Public Sector”