Economy

A salary is no longer enough: people are looking for extra jobs

Not everyone can live on their salary, so they are looking for extra jobs. Labour market experts say the popularity of additional jobs is growing but predict that their demand will increase even more in […]

A senior citizen in Vilnius
Economy

Indexed pensions may not help Lithuanian pensioners, whose payouts are among Europe’s lowest

Even the €8 increase in the average pension will not help pensioners in Lithuania, who receive one of the most frugal pensions in Europe. President Dalia Grybauskaitė is encouraging lawmakers to index pensions, which would make them increase together with growing average wages in the nation, and the prime minister, Algirdas Butkevičius, believes that indexing pensions would make them grow by up to 6 or 7 percent. […]