Reform of the social model is vital, Lithuania's Prime Minister Algirdas Butkevičius restated a few times at the final meeting of the 2012-2016 parliament on Thursday.
Algirdas Butkevičius
© DELFI / Domantas Pipas

"The social model that has been prepared is an in-depth structural reform, which is an investment in the perspective of Lithuania's economic and social well-being. I stick to my opinion – the reform is vital to attract investors and pave way for new jobs, which are not created by the administration but by successful businesses, to ensure faster rise of wages, to facilitate stronger social guarantees and eliminate social exclusion, to ensure better equality of income," said the outgoing PM.

He expressed regret over the ardent resistance to the planned changes, with discussions lasting all the way to the October elections. "If we want new investments, which a number of parties pledged to promote in their election campaigns, the reform of labor and social relations is inevitable," Butkevičius said, adding he expected more support at the parliament.

"I will say openly – I expected a more modern stance of trade unions and more political support in the Seimas. It was this ruling coalition that undertook the reform, which is vital for Lithuania's economy and its competition and highly vulnerable in the social sense. I would like to thank coalition partners here, as well as the opposition Liberal group, which fully supported the restructuring," the prime minister told the parliament.

The Peasant and Green Union, which will head the future government, has announced plans to postpone the enforcement of the new Labour Code and the social model, which were both adopted towards the end of the 2012-2016 parliamentary term.

The new parliament is scheduled to convene in its first meeting next Monday.

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

Lithuanian bread is tasted worldwide

One of the most popular Lithuanian bakeries „Vilniaus duona” is counting its stable export results...

New specialized fintech bank setting up in Lithuania

On Friday European Merchant UAB was granted the license issued by ECB, European Central Bank through...

Lithuanian start-ups attracted EUR 70 million in investments in 2018, further breakthrough will be determined by environment improvement

In 2018, the Lithuanian startup community achieved the record-breaking results, i.e. attracted EUR 70...

Vitas Vasiliauskas: the matter of income inequality will become only more acute next year

The cabinet’s tax and public sector policy is not contributing to resolving income inequality...

CityBee is set to join European car-sharing leaders with a 110 mln EUR investment in major fleet upgrade

CityBee Solutions, which operates car-sharing services in Lithuania and Poland, today announced an...