Lithuanian President Gitanas Nauseda has approved the country’s new cabinet of ministers, BNS reports. He described the incoming centre-left government as more capable than the outgoing centre-right government of Prime Minister Ingrida Simonyte. The Lithuanian Social Democratic Party (LSDP) will hold the post of prime minister and will have nine ministers in the new government,…
The minimum gross monthly wage in Lithuania may exceed EUR 1,000 in 2025, Social Security and Labour Minister Monika Navickiene forecast, BNS reported. Speaking in an interview with Ziniu Radijas, Navickiene assured that the minimum wage would definitely surpass the poverty risk threshold. Lithuania’s Tripartite Council is still in talks on the minimum wage hike…
The growth of household income in Lithuania will exceed inflation by 3-4 times in 2024, Social Security and Labour Minister Monika Navickiene forecasts, BNS reports. The Social Security and Labour Ministry expects that household income will rise by an average 12% on year in 2024, while the Finance Ministry expects Lithuania’s average annual inflation to…