Powerlines
CORPORATE

Lithuania’s electricity prices spike

The price of electricity in Lithuania‘s Nord Pool Spot area jumped 23% in June but was still down 5% on the same month in 2015 according to Litgrid. The average price was €40.50/MWh in June […]

Lina Antanavičienė
CORPORATE

Veto’s aim was to protect Lithuania’s most vulnerable groups – presidential adviser

Ahead of an extraordinary session of the Seimas to review the presidential veto of the new Labour Code, the president’s chief adviser Lina Antanavičienė has said the aim of the veto was to protect the […]

Office workers
CORPORATE

Lithuania‘s unemployment rate falls in May

Lithuania‘s unemployment rate fell to 8% in May on a seasonally adjusted basis, down from 8.2% in April of this year. Eurozone unemployment rates fell 10.1%, Which fell by 0.1 per cent, down from 11% […]

Social Democrat protesters against the labour code
CORPORATE

President says new labour code will increase societal tensions

President Dalia Grybauskaite met with employers and trade unions to discuss the Seimas adopted new Labour Code on Thursday and criticised some of its provisions. The President said the new labour code increases social uncertainty […]