Vitas Vasiliauskas

Vasiliauskas – we can expect a positive influence on our country’s main issue

Returning from the head banker meeting in Frankfurt recently, the head of the Bank of Lithuania Vitas Vasiliauskas states that wage growth in Lithuania is, on one hand, a positive factor, however on the other […]

German falg

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. […]


Business representative destroyed Farmer proposal to raise wages

In the Government’s instrument plan there is a point in which the Government is committed to reach a national agreement on wages up to this year’s third quarter, reported. Prime Minister Saulius Skvernelis to […]


Wage statistics – better to work for the state or for business?

While seeking work based on their profession a person can choose between a government institution and a private company. While wages are rising faster in one of these sectors, in the other, according to statistics, […]


Lithuanian minimum wage rises for second time this year

Lithuania’s minimum monthly wage will be increasing on Friday by €30 to €380.

To read this article, try a €5.99 monthly subscription by clicking here. […]