Lithuanian Prime Minister Algirdas Butkevičius says that much-discussed draft amendments to the country's Labour Code will be good both for employees and employers and will make the labour market much more flexible.
© Vida Press

"I can guarantee that the legislation will not favour employers over employees or vice versa. It will put in place very good conditions both to employees and employers. We will not ignore either side. We will find a solution that will help make the labour market much more flexible and help attract foreign direct investment," he said on the radio Žinių Radijas.

Butkevičius said that those who have a negative opinion about the draft amendments simply have not read the proposed legislation carefully enough.

He also noted that Lithuania now ranks 124th in the world in terms of labour relations and lags well behind its neighbours.

A group of scientists propose, among other things, to transfer restrictions on dismissal of employees and guarantees from the Labour Code to national collective agreements, to reduce the minimum period of notice on termination of employment and reduce the legally-required severance pay to one month's salary.

They also recommend scrapping the maximum limit on daily working hours, leaving in place the 40-hours-per-week limit.

Naujienų agentūros BNS informaciją skelbti, cituoti ar kitaip atgaminti visuomenės informavimo priemonėse bei interneto tinklalapiuose be raštiško UAB "BNS" sutikimo neleidžiama.

Producers: US tariffs to make dairies seek new markets

US import tariffs on Lithuanian dairy products will force exporters to look for new markets, the...

Cybersecurity expert in Vilnius: guard your cables and cords and never borrow from others (1)

Oct. 15th, 2019, Australia’s Deakin University Prof. Matthew Warren, Deputy Director of the Centre...

Dairy producers start feeling impact of rising US export duties

Lithuanian dairy producers say they have already felt the impact of duties , rising as of Friday,...

Nauseda doesn't expect EU budget deal by end of 2019

EU member states differ too much in their positions on the bloc's next multi-annual budget to...

Dairy products subject to 25 pct US import tariff

Lithuanian cheeses, yoghurts and other dairy products are now subject to a new 25-percent import...