Minimum monthly wage in Lithuania may reach 350 euros at the end of 2016, chief economist of Swedbank Lithuania says, adding that this estimate is based on the government program and economic growth.
Nerijus Mačiulis
© DELFI / Kiril Čachovskij

“According to our forecasts, next year, minimum monthly wage will be raised to 300 euros and will reach 350 euros at the end of 2016. These projections are based on both the government program and the promises made by numerous [political] parties to approach a similar level during the tenure of the current parliament. Moreover, we have also taken into consideration that economic possibilities [for raising wages] will be in place,” Nerijus Mačiulis said at a news conference on Tuesday.

The average real net wage is expected to grow 4.5 percent this year. Next year, the growth will slow down to 3.5 percent before picking up to 4.1 percent in 2016.

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

Ryanair announces new route from Kaunas (3)

Ryanair announced a new Kaunas route to Zadar in Croatia , with a twice weekly service commencing...

Doctors from Kaunas Clinics hope for gamma knife economic return over the next couple of years

Neurosurgeons from Kaunas Clinics in Lithuania's second largest city of Kaunas are very happy with...

World’s first digital collector coin to feature signatories of the Act of Independence

The world‘s first blockchain -based digital collector coin created by the Bank of Lithuania is...

Norwegian specialised bank gets licence in Lithuania

Following the assessment and proposal of the Bank of Lithuania , AB Fjord Bank has been granted a...

MG Baltic wins reputation damage case against MP

Vilnius Regional Court on Tuesday ruled that a court of lower instance justly ruled early this year...