Gitanas Nausėda

Lithuanian salaries to grow strongly this year

The average salary in Lithuania this year will grow by 7% and next year by 6%, according to SEB Bank economist Gitanas Nausėda. The economist said that the wage growth is now especially visible in […]

Algirdas Butkevičius addressing the Seimas

SEB Bank economist gives government 8 out of 10

The Lithuanian government’s performance last year merits a score of 8 out of 10, says a SEB Bank economist. Gitanas Nausėda says that the government of the social democrat Prime Minister Algirdas Butkevičius deserves praise […]


Can Lithuania compete with cheaper Polish produce?

Lithuanian shoppers have been making shopping trips to neighbouring Poland where despite comparable living standards prices of food and other goods are considerably cheaper. […]

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Service prices rise faster in Lithuania than rest of EU

The price of services in Lithuania grew more than in any other European Union country last year, increasing over 5%. […]