Rasa Budbergytė
Politics

‘No new taxes in the near future’ – new Finance Minister

The current government has no plans to introduce any new taxes, says Lithuania’s new finance minister, backtracking from her earlier statement that real estate and car taxes were only a matter of time.

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Finance Minister Rimantas Šadžius
CORPORATE

Lithuanian government targets budget surplus

The Lithuanian government is planning to have a balanced budget in 2017 and run a small surplus in 2018-2019, according to the Stability Programme presented by the Ministry of Finance on Wednesday. “This would allow […]

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CORPORATE

Lithuanian municipalities’ revenues €80m higher in 2015

Revenues collected by municipalities around Lithuania increased in 2015 with 57 municipalities receiving more than €80 million in extra revenues in 2015, according to Ministry of Finance data. […]

Audrius Jurgelevičius, leader of the teachers' trade union
Politics

Teachers’ strike to end Friday, say union leaders

The teachers’ trade unions involved in the nearly two-week-long strike for higher wages in Lithuania have announced that they are prepared to call off their strike as early as Friday. Audrius Jurgelevičius, the leader of the Lithuanian Education Trade Union, told LRT that he believes that the trade unions have achieved 75 percent of their goals after the government managed to find an additional €8 million to increase educational staff’s wages. […]