Vitas Vasiliauskas
Economy

Central bank calls for pension system reform as worker-to-retiree ratio falls

Amid a rapid decline in Lithuania’s worker-to-retiree pension, the central Bank of Lithuania is sounding the alarm and calling for the pension system to be reformed and for future pensions to be linked to personal contributions. […]

From the passenger's seat - at the Seimas
CORPORATE

A hundred days of Seimas – reflections

Car rent, hidden relations, furs and an expensive designer coat, national costumes, a grand piano in Seimas, opposition to anti-violence against children legislation and an attempt to change the in vitro fertilisation legislation which was […]

SoDra
Politics

Sodra social insurance budget envisages raising pensions by EUR 20 from January

The average old-pension should go up by about 20 euros starting early 2017, which is 5 euros more than the increase planned earlier. The raise is envisaged in the revised 2017 budget draft of the Sodra state-run social insurer. The draft does not say anything about the plans of the Peasant and Green Union, which won the October general elections, to increase pensions by 40 euros from July. […]

Saulius Skvernelis ir Ramūnas Karbauskis
CORPORATE

Will the “Peasants” keep their promises to voters?

According to the data of early surveys, Ramūnas KarbauskisPeasant and Greens Union’s popularity could have jumped up to 28% after the elections. Such a jump in ratings means significant expectations from the public toward the party. The party leaders promised faster increases in income, fighting emigration, moving ministries and many other potentially costly initiatives, but the economy could grow slower than expected next year. How will the “Peasants” manage to uphold their campaign promises and how strong will the fascination of society with the party prove to be? […]

Stasys Jakeliūnas
CORPORATE

Jakeliūnas already planning reform affecting millions of citizens

With the Lithuanian Peasant and Greens Union (LVŽS), its candidate for Minister of Finance Stasys Jakeliūnas spoke to Delfi on the first tasks he plans to focus on if he were to take the post. Delfi reminds that for two years (up to the end of 2014) he was PM Algirdas Butkevičius advisor for finance, but resigned, citing issues with working productively. […]