International Internet Magazine. Baltic States news & analytics
Monday, 20.10.2014, 12:44
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.
Keyword tags: Analytics, Employment, Financial Services, Latvia, Wages
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.
Jaak Nigul, management board member of Tarmeko, writes in Äripäev that the popular debate today is whether Estonian businesses are too greedy to pay Finnish-level wages to their employees in Estonia, reports LETA, referring to Baltic Business News.
The Coalition in Lithuania is not distancing itself from the question of increasing the minimum monthly salary. According to Prime Minister Algirdas Butkevicius, it will continue discussions over additional increase of minimum wages by mid-2015, reports LETA/ELTA.