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Friday, 31.10.2014, 16:12
Saeima of Latvia decided today to reject the motion to increase monthly salaries for Cabinet ministers, informs LETA.
Keyword tags: Financial Services, Latvia, Legislation, Wages
The ruling coalition parties in Latvia denied support for a motion on hiking monthly salaries for Cabinet ministers, submitted by one of their own – the Finance Ministry's parliamentary secretary, MP Lolita Cigane (Unity), reports LETA.
The average gross wage in the Latvian national economy will in 2015 increase 4.5% at current prices, the Finance Ministry's experts predict, cites LETA.
Lithuanian Prime Minister Algirdas Butkevicius says that the increase of the minimum monthly wage is something to discuss, yet, it should be increased along with the growth of other wages of low-paid employees, informs LETA/ELTA.
Moody’s outlook for the Baltic banking system has been changed to negative. The outlook expresses Moody’s expectation of how bank creditworthiness will evolve in this system over the next 12-18 months.
Pay gap between men and women in Lithuania was 12.5% in 2013, year-on-year it increased by 0.5 percentage points, reports LETA/ELTA.
The European Commission is ready to encourage the European Union member states to introduce minimum wages, Valdis Dombrovskis (Unity) said yesterday, cites LETA.