While the citizens’ financial circumstances are improving, many families would be content with their living conditions in Lithuania if they had 400 euro higher incomes. This was found by a household survey commissioned by the Bank of Lithuania, its press release states according to lrt.lt.
© DELFI / Kiril Čachovskij

"With the economy continuing to grow, Lithuanian residents earn ever more, thus it comes as no surprise that over the past few years, the number of respondents, who can set aside some of their income for savings is increasing, as the survey results show.

Nevertheless, most of those earning lower incomes would like to earn at least 400 euro more to be satisfied with their living conditions in Lithuania," Bank of Lithuania Macroprudential Analysis Department senior economist Milda Šeškutė says.

Four out of ten survey takers stated that they would be content with incomes between 801-1,600 euro per month.

A third of households would be content with their living conditions in Lithuania if their incomes were larger than 1,600 euro per month.

Half of the households earning 1,600 euro per month or more would like to earn two thousand euro per month.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

How blockchain technology will change the world trade?

The field of research of World Trade Organisation chief analyst Emmanuelle Ganne is the application of...

Welcome to Vilnius workshops to support foreign talent relocating to Lithuania’s capital

This Tuesday Vilnius’ business development and tourism agency Go Vilnius at the Workland Business...

2018 was marked as the best year for Lithuanian cinema market after the restoration of independence

The Lithuanian film centre have summarized the local box office results - in 2018 distribution reached...

The number of foreign startups choosing Lithuania for starting their businesses is growing

Last year, the Startup Visa received 178 applications of foreign companies for participation in the...

Lietuvos Geležinkeliai starts Rail Baltica territory planning (1)

Lietuvos Geležinkeliai [Lithuanian Railways] is initiating the European gauge Rail Baltica...