International Internet Magazine. Baltic States news & analytics
Saturday, 19.04.2014, 12:39
Prime Minister of Lithuania Algirdas Butkevicius has met the Constitutional Court's (KT) ruling on the compensation of civil servants' salaries with reserve, informs LETA/ELTA.
Keyword tags: Analytics, Budget, Financial Services, Legislation, Lithuania, Wages
Lithuanian Government will continue to carry out responsible fiscal policy. On Wednesday the Cabinet of Ministers has approved convergence programme for 2014 by which Lithuania commits to maintain sustainable compliance with the Maastricht criteria in 2014-2017, and to be prepared for the euro adoption in early 2015, informs LETA/ELTA.
Banking group SEB's pan-Baltic survey of the CFOs of larger enterprises indicates cautious optimism, with Estonian enterprises more conservative in their forecasts than their neighbors to the south, SEB said in a statement. The main concerns for larger Baltic enterprises are the same: demand, labor costs and price of raw materials, writes LETA.
Deputy Parliament Speaker Algirdas Sysas does not welcome the fact that in Lithuania salaries of managers are higher than salaries of employees by more than seven times, reports LETA/ELTA.
On Monday, Lithuanian Minister of Social Security and Labour Algimanta Pabedinskiene met with the Swedish Minister for Gender Equality Maria Arnholm, informs LETA/ELTA.
Statistics Lithuania informs that in October 2013 the number of employees (including individual enterprises) with gross earnings of LTL 1,000 (EUR 290) and less stood at 20.7% (221.6 thousand). More than half of employees (123.3 thousand) earning LTL 1,000 (EUR 290) and less were working part-time, writes LETA/ELTA.
A fresh poll by CV Keskus indicates that a whole 63% of Estonian people cannot save anything from their monthly wages, LETA/Public Broadcasting reports.