Lithuania remains an EU leader in terms of the market share of contraband cigarettes, according to KPMG’s market research, DELFI reports. The study found that altogether 2.63 billion cigarettes were consumed in Lithuania in 2022, which was 0.2 billion less than in 2021. Contraband cigarettes accounted for 0.59 billion of the total, which was 19.2%…
The Lithuanian parliament, the Seimas, has given its initial support for the government’s tax reform package, with 72 MPs voting in favour, 31 against, and 22 abstaining, Baltic News Network reports. The package will now proceed to parliamentary committees for further examination and will return to the main hall in autumn 2023. A total of…
The Lithuanian government has approved the Social Security and Labour Ministry’s proposal to raise the minimum monthly wage by 10% to EUR 924 before tax as of 2024, Baltic News Network reports. Pending parliamentary approval, the minimum hourly wage will also rise from the current EUR 5.14 before tax to EUR 5.65. Social Security and…