Lithuania: Income growth to exceed inflation 3-4 times in 2024: minister

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…

Read More

Lithuania: Homeland Union branches nominate candidates for president

Regional branches of Lithuania’s ruling Homeland Union (TS-LKD) have proposed their preferred candidates for president in the upcoming elections in May 2024, BNS reports. Prime Minister Ingrida Simonyte was the favourite with 66 nominations, followed by Foreign Minister and TS-LKD chairman Gabrielius Landsbergis with 64 and Labour and Social Security Minister Monika Navickiene with 62….

Read More

Lithuania: President Nauseda expected to run for second term

Lithuania’s presidential campaign is gathering pace, Linas Jegelevicius reports for Baltic News Network. Incumbent president Gitanas Nauseda has the lead in several polls, and he is expected to run for a second term. The ruling Homeland Union has started the process to choose the party’s presidential candidate. Potential names include Prime Minister Ingrida Simonyte, Defence…

Read More