No Picture
Economy

Minimum wage in Lithuania to be raised to 300 euros

The government of Lithuania has decided to increase the minimum monthly wage to LTL 1,035 (EUR 300) and the minimum hourly wage to LTL 6.27 (EUR 1.82) from 1 October 2014. […]

No Picture
Economy

Russian embargo impact on Lithuanian economy overstated, financial analyst says

Advisor to the SEB Bank president, financial analyst Gitanas Nausėda says that the impact of Russia‘s food product embargo on the Lithuanian economy has been greatly overstated. […]

Rokas Masiulis
Politics

President’s requirements for energy minister were transparency and professionalism, adviser says

Chief Advisor to the President on national security, Valdemaras Sarapinas, said President Dalia Grybauskaitė took into consideration two attributes, professionalism and transparency, when appointing Rokas Masiulis as Minister of Energy. […]

Gintautas Paluckas
Politics

Lithuania’s social democrats pick candidate for Vilnius mayor election

Gintautas Paluckas, executive secretary of the Social Democratic Party and former director of Vilnius city municipal administration, was chosen by the party’s Vilnius branch as the candidate in next year’s mayoral election. […]