Society
Some 150 people rally for higher pensions in Vilnius
Around 150 people staged a rally outside the Presidential Palace in Vilnius on Thursday to demand higher pensions. […]
SoDra EN
Society
CORPORATE
The Lithuanian middle class: are you in it?
Every third Lithuanian resident views themselves as a member of the middle class. Economists say that those earning a thousand euro per month could call themselves such. Nevertheless, some 42% of Lithuanians currently see themselves […]
Economy
Lithuania should encourage participation in 2nd-pillar pension scheme – finance minister
Participation in the 2nd pillar of the pension scheme should be further encouraged, says Lithuania’s Finance Minister Vilius Šapoka, citing payments made by employees and employers and the possibility redeem part of the income tax. […]
Economy
Foreign investors put forward 100 proposals to Lithuanian government
The Investors’ Forum, an association of foreign investors in Lithuania, has put forward 100 proposals to the government on how to improve the business environment in the country. […]
CORPORATE
Fewer low income earners, but there is a caveat
Most wages rose at the end of last year and the number of those earning less than the minimum wage declined. However, the wage increases for roughly half were less than the rise in prices, […]
CORPORATE
Changes to Sodra taxes in the making
Is it right for one person to pay 5 euro for a service, while another – 10 euro for the same? Most would likely say that’s unfair. However when talking about social insurance this argument […]
CORPORATE
Second take on tax reform: what to expect
A workgroup formed in the cabinet should present proposals for tax reform, fair tax payment encouragement and incentivising reductions in the black market economy by spring. Economist Rūta Vainienė stated that in terms of reducing […]
Defence
Closed state communication network planned in Lithuania
The Lithuanian National Security Commission, headed by the prime minister, on Wednesday decided to set up a closed communication network for the key state institutions. […]
CORPORATE
Aušrinė Armonaitė: It is most important to keep the liberal political content
The crisis–struck Liberal Movement will elect a new leader and party management in an extraordinary party congress in early December. Political couloirs identify MP Aušrinė Armonaitė as a potential new party leader. Deputy chairman for […]
CORPORATE
Private banks go to power
The, banks, apparently still lack enough power. So they send their commentators and experts straight into the middle of the presidential elections. Sure, it is not prohibited and there should be no surprise about it. […]
Economy
CORPORATE
A year after the Seimas election – hopes were left in the ballot boxes
A year ago citizens elected the new Seimas, driven by great expectations. While the majority talks of a vast number of achievements, their political opponents are sceptical of the things done, Lietuvos Žinios reported. Upon […]
CORPORATE
Wage growth calculated – who was most fortunate?
Compared to the same period last year, during the second quarter of this year, those employed in Lithuania earned approximately 200 million euro more. The chief advisor to the director of Sodra Julita Varanauskienė who […]
CORPORATE
Good times for the Lithuanian economy, what about the Lithuanian people?
Significant discussions have arisen in the public sphere – if the Lithuanian GDP is growing, are the people reaping the benefits of it? Economists assure that economic growth has been a positive impact on most […]
CORPORATE
New calculations – who can be called the Lithuanian middle class?
Every Lithuanian earning approximately 13 euro per day or 383 euro a month can view themselves as being middle class. Minister of Finance Vilius Šapoka suggests to take up such a view, but not all […]
CORPORATE
Tax discussions – hints on new planned taxes
Minister of Finance Vilius Šapoka has announced that the 9% VAT exemption for heating is to be temporarily returned from autumn to the end of the year. What it will be like from 2018 has […]
CORPORATE
New Labour Code – what do employees need to know?
The new Labour Code came into power on Saturday. It has been criticised strongly by the President, who nevertheless signed it. The initial iteration of the code was passed by the Social Democrats a year […]
CORPORATE
Karbauskis’ vision: strengthened workers will be more in charge of their wages
Ramūnas Karbauskis the chairman of the Peasant and Green Union has a vision: that in the future there will be no need in Lithuania for a Labour Code, and the employers and employees will discuss […]
CORPORATE
Jakeliūnas: two outrages regarding the tax reform
The Governments proposed tax reform are contradicting the election-winning Lithuanian Peasant and Green Unions (LVŽS) proposed program. Their authors either do not understand what they are doing and/or are deliberately interested in providing more help […]