Nerijus Mačiulis
Economy

Wage growth in Lithuania, is it a sprint or a marathon?

In Q1 this year, the average monthly gross income was 9.4% higher than a year ago. Wage growth in Lithuania looks even more impressive is net wage growth – due to the reduced tax burden, […]

German falg
Economy

Lithuania is attractive investment location to German business

According to the German-Baltic Chamber of Commerce (AHK) economic survey 2017, Lithuania is one of the best locations in Central and Eastern Europe. Companies in Lithuania want to invest more and expect they will need more staff. However, increasing wage costs are expected. The scores for the fight against corruption, transparency of procurement and the availability of skilled workers slightly dampen the positive mood, German-Baltic Chamber of Commerce informed in a press release. […]

Money
CORPORATE

Latvians release their newest wages forcasts – how Lithuania stacks up

A thousand euro sounds solid. That is how much politicians promised prior to the Seimas elections and this is how much the Latvians declared they would reach by 2020. However Lithuanian economists are optimistic, Lithuania […]

No Picture
CORPORATE

Greedy employers or bad laws: Why are Lithuanian wages lower than in Estonia?

Opinions are divided on why Lithuanians make relatively low wages, even compared to their northern neighbours in Estonia. As pointed out by the chief economist for Swedbank, Nerijus Mačiulis, there is a plethora of reasons […]