SoDra
Politics

Sodra social insurance budget envisages raising pensions by EUR 20 from January

The average old-pension should go up by about 20 euros starting early 2017, which is 5 euros more than the increase planned earlier. The raise is envisaged in the revised 2017 budget draft of the Sodra state-run social insurer. The draft does not say anything about the plans of the Peasant and Green Union, which won the October general elections, to increase pensions by 40 euros from July. […]

Calculator
Economy

New budget draft cuts govt sector deficit to 0.7% of GDP

The improved 2017 budget of the central and municipal budget envisages that the deficit of the government sector will amount to 0.7 percent of the gross domestic product (GDP), 0.1 percentage points less than stipulated in the first draft. […]

Saulius Skvernelis
Economy

PM expects improved social model to be passed by next July

Lithuanian Prime Minister-designate Saulius Skvernelis expects that the so-called new social model, a package of legislation on labour market and social insurance reforms, will be improved and passed by next July to give six months to businesses and private individuals to prepare for the planned changes. […]

World Champion Simonas Bilis
Freetime

Lithuanian leaders congratulate Bilis on world gold in swimming

Lithuania’s President Dalia Grybauskaitė and Acting Prime Minister Algirdas Butkevičius on Monday congratulated swimmer Simonas Bilis on winning freestyle 100 m gold in World Championship. […]

Živilė Pinskuvienė
Politics

Labour Party elects new leader

Živilė Pinskuvienė, the mayor of the Širvintos district, was elected as the new leader of the Lithuanian Labour Party on Sunday. […]