Nerijus Mačiulis EN

Nerijus Mačiulis is from Kaunas, the second largest City in Lithuania. After finishing school there in 1997-2001 studied at the Vytautas Magnus University in Kaunas. 2001 Roskilde University (Denmark), 2003–2007 International School of Management and Economics ISM. 2004-2005 He was a trainee at the Banking Institute of the University of Zurich (Switzerland). 2005-2007 Head of Economics and Finance at ISM, since 2007 Dean of Bachelor Degree. 2007 m. Doctor of Social Sciences (Management and Administration). Teaches at various economic and financial disciplines in Australia, Mexico, France, Switzerland and others universities. From 2010 works at the Swedbank as a  Chief Economist.

A senior citizen in Vilnius
Economy

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

January 25, 2016 www.lrt.lt 0

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. […]

No Picture
Economy

Top ten best paid jobs in Lithuania in 2016

January 4, 2016 LT Daily 0

IT specialists will continue to be best-paid professionals in Lithuania’s labour market in 2016. Such is the demand for their skills that they are often able to demand salaries comparable to those in Western Europe – and employers comply. […]

Global LT

Drop in expatriate remittances spells bad news for Lithuanian economy

November 24, 2015 DELFI EN 0

Remittances from the Lithuanian diaspora has long played a significant role in the country’s economy. Expatriates send a lot of the money they make in the UK or Norway to their families that stayed behind in Lithuania, stimulating domestic consumption and keeping some low-earning relatives from falling into poverty. Statistics indicate, however, that remittances have dropped significantly this year. […]

Nerijus Mačiulis
Economy

Economic stumble did not halt growth of wages, economist says

May 26, 2015 ELTA EN 0

Nerijus Mačiulis, chief economist at Swedbank Lithuania, says that although Lithuania’s economy contracted by 0.6 percent in the first quarter of this year, such an economic stumble nevertheless did not halt job creation or growth of wages: the number of employed people rose by 1.7 percent in a year, while an annual growth of average wages stood at 4.3 percent. […]

Economy

EC recommendations for Lithuania: less tax on labour, more tax on wealth

May 18, 2015 DELFI EN 0

Lithuania has received recommendations from the European Commission on the most pressing issues in the economy that need addressing. Disturbingly, over 30 percent of people in Lithuania face poverty risk, labour taxes are punishing, while levies on wealth – less detrimental to economic growth – are all but non-existent. Experts say the first steps would be introducing tax on real estate and cars. […]

Vilnius City Municipality
Politics

Parties weigh strategies and options before mayoral run-offs in Vilnius

March 4, 2015 ELTA EN 0

After local elections in Lithuania last Sunday, the new Vilnius City Municipality Council will include 38 male and 12 female councillors. The Electoral Action of Poles in Lithuania and the Russian Alliance Block of Valdemar Tomaševski delegated four women, the Liberal Movement, three, the Homeland Union-Lithuanian Christian Democrats (TS-LKD), two, and the remaining parties that were voted in will have one woman representative each. […]

"Maxima" pristato ženklą "Atpigo"
Economy

Lithuania’s grocer Maxima to cut prices ahead of expected competition from Germany’s Lidl

February 10, 2015 BNS 0

The decision by Maxima LT, Lithuania’s largest retailer that has been slapped with a 16.9-million-euro fine for anti-trust violations, to lower prices for over 1,000 products may have a positive effect on the economy, if it leads to increased competition among retail chains, Nerijus Mačiulis, the chief economist at Swedbank, said on Tuesday. […]