In May 26-27, 2025, discussion “Welfare states in Europe in 1992 and 25 years later” was held at the Academy. Among the discussed topics were: 1) Productivity and employment, 2) Financial crisis and debt crisis. 3) (Alcochol) beverage consumption societies in the Baltic States, 4) Sustainability and systems of social protection in EU. Discussuion was moderated by prof. Elvyra Aciene (Lithuania) and Dr. Aivars Lasmanis (ECA).