Labour-market, Law and Regulations, Lithuania, Markets and Companies

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 20:03

Lithuanian president signs Labor Code amendments into law

BC, Vilnius, 15.06.2017.Print version
Lithuanian President Dalia Grybauskaite has signed into law amendments to the country's new Labor Code."The president signed the amendments on Wednesday," Skaiste Plausinyte, an advisor to Grybauskaite, told LETA/BNS on Thursday.

The president's office gave no further comment on the reasons for the president's decision to sign the amendments.


The Seimas passed the amendments to the Labor Code, which comes into force on Jul. 1, last week.


Supporters say that more flexible labor relations are necessary to create new jobs and attract new investments. Critics warn, however, that the new Labor Code will make it easier for employers to dismiss employees.


The more liberal Labor Code was passed in June 2016, but it was vetoed by Grybauskaite shortly afterwards.


The Seimas overrode the president's veto after the government and trade unions agreed to improve the code by the end of the general elections.


The code was slightly adjusted in early November, but the new ruling majority of the Lithuanian Farmers and Greens Union and the Social Democrats postponed its entry into force for half a year to allow time for further amendments.






Search site