The Lithuanian finance minister on Tuesday introduced to the parliament a draft 2017 budget that she says focuses on scaling down social exclusion, beefing up national defense and financing the necessary structural reforms. […]
The Liberal Movement has set up a work group for negotiations with potential coalition partners and have agreed on the topics they want to see included in the new cabinet’s programme. Liberal Movement representative Martynas […]
Recently tax reform proposals, which would help raise tax income, of those preparing the new social model were dismissed by the coalition government leaders, the Social Democrats. Now the LSDP has made a U-turn in […]
With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Labour Party electoral programme and their significance. […]
With the elections less than two weeks away the Lithuanian Free Market Institute looks at some of the key points of the Lithuanian Peasant and Greens Union electoral programme and their significance. Improvements of social […]
Data gathered by SoDra, the state social insurance administrator suggests that wages in Lithuania may be moving from the black market The data indicates that the state manged to moved up to €68 million in […]
Companies employing three or more workers may have their average wages and their total Sodra contributions published under a new law. The proposal is part of the latest edition of the State Social Insurance Law. […]
Minimal social insurance contributions should be paid as a percentage of the minimum wage even by employees who make less than that, says Mindaugas Sinkevičius, director of Lithuania’s Social Insurance Fund (Sodra). This would disincentivize employers to pay part of their employee’s wages illegally. […]
Lithuania’s Special Investigation Service (STT) has brought suspicions against businessman Tomas Milaknis, CEO of Alna, as part of an investigation into alleged violations during public procurement at the State Social Insurance Fund (SODRA), sources have told BNS. […]
The Lithuanian government has agreed to extend a €420 million interest-free loan to Lithuania‘s social insurance fund, the Sodra, to help it “balance cash flows”. […]
The Parliamentary Committee on Social Affairs and Labour is working out the final details of the social model package that would liberalise labour laws and reform the Sodra pension scheme, said Kristina Miškinienė, the head of the committee, on Žinių Radijas. […]
With the new year will come new changes to Lithuania’s tax codes and other laws that will change residents’ everyday lives and hopefully propel the country towards continued growth. […]
Lithuanian Seimas opposition leader, conservative Andrius Kubilius, has asked President Dalia Grybauskaitė to veto the draft budget for 2015 of the State Social Insurance Fund Board under the Ministry of Social Security and Labour (Sodra) which was adopted by the Seimas. […]
According to preliminary data, in the first half of 2014 the budget deficit of the State Social Insurance Fund Board (SoDra) decreased by more than a third of a billion litas. […]
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