Algimanta Pabedinskienė
Economy

Lithuanian government considers raising minimum monthly wage to EUR 325

Lithuanian Ministry of Social Security and Labour has submitted a draft resolution to the Government, where it suggests raising minimum monthly wage and minimum hourly pay as of 1 July 2015. […]

Kęstutis Lisauskas
Economy

New taxes may be introduced if more personal income tax is allocated to Vilnius, expert says

On Thursday, 11 June, Lithuania’s Constitutional Court ruled that legal regulations that distribute personal income tax (PIT) to municipal budgets contravened the Constitution. Only 40 percent of PIT used to be transferred to Vilnius City Municipality based on these regulations. The Vilnius authorities have lauded the ruling which will allow it to claim more tax money from the central government. […]

Economy

Technology and innovation centre opening in Vilnius

The Sunrise Valley Centre for Technology and Innovation is officially opening in the Lithuanian capital on Wednesday. […]

Economy

7 percent more work permits issued to foreigners in Lithuania

The number of work permits issued to foreigners in Lithuania in 2014 increased by 6.9 percent year-on-year, to 5,400, including 3,200 work permits issued to Ukraine’s nationals and 1,500 permits issued to citizens of Belarus, according to the latest report on the implementation of Lithuania’s migration policy guidelines which is being discussed by the government on Monday. […]

No Picture
Economy

In April, Lithuania’s volume of retail trade down by 0.1 percent

In April 2015, Lithuania’s volume of retail trade decreased by 0.1 percent, compared with the previous month, but on a year-on-year basis the volume grew by 4.3 percent, Eurostat, the statistical office of the European Union (EU), reports. […]