CORPORATE

Lithuania’s electricity prices jump to record high

The price of electricity in he Nord Pool exchange, Lithuania‘s price zone, hit a record high of 6.41 euro cents/kWh on June 22. It is the largest one-day average price of electricity since the NordBalt […]

Algis Čaplikas
CORPORATE

Lithuanian public would welcome ending of MP’s immunity from prosecution, says leading politician

Lithuania’s parliament should revoke the parliamentary immunity of MPs from prosecution, said the head of Lithuanian Freedom Union election headquarters Algis Čaplikas. “Nothing terrible would happen. The public would welcome such a decision – seeing […]

CORPORATE

€68 million in wages moved out of the black market in Lithuania last year

Data gathered by SoDra, the state social insurance administrator suggests that wages in Lithuania may be moving from the black market The data indicates that the state manged to moved up to €68 million in […]

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CORPORATE

Lithuanian wages still lagging despite rate of growth

While labour costs in Lithuania rose at among the fastest rates in the European Union in the first quarter of 2016, Lithuanians still receive some of the lowest pay packets in Europe. Lithuanians along with […]