© DELFI (R.Achmedovo nuotr.)

Statistics Lithuania has announced data showing that 22.2% of Lithuania‘s population risked falling into poverty last year. Economists were quick to note that this trend repeats year after year, but that statistics do not show the real situation.

The prevalence of poverty risk, compared to 2014, has increased by 3.1%. In total, 640,000 thousand Lithuanians lived on income that made them vulnerable to poverty. Threshold income, set for statistical purposes, was €259 per month for a single person and €574 for a family of two adults and two children under 14 years old.

Lithuanian Free Market Institute president Žilvinas Šilėnas noted on social network Facebook that “This is not an indicator measuring poverty, but income inequality. People‘s wages are rising, average salaries are rising as well, raising the poverty line. That is why in Lithuania every fifth man lived in poverty before the crisis, during the crisis and after the crisis. Using this technique we could find those who live in poverty among the 100 richest people in the world.”

Economist Tautvydas Marčiulaitis says that Lithuanians get taxed like Scandinavians, but paid wages by their employers like Venezuelans.

The average retirement pension last year was €240.3, below poverty income. According to Statistics Lithuania, this means that pensioner residents who received an average or even slightly higher pension and had no other income, found themselves below the poverty risk line.

balsas.tv3.lt

Prosecutors: Ambassador to Russia might have committed official misconduct

Lithuanian prosecutors have changed the status of the country's Ambassador to Russia Remigijus...

Police launches probe into journalist Cerniauskas' actions

Lithuania's police has launched a pre-trial investigation into the actions of journalist Sarunas...

Foreign Minister: due to Russia's violations of international law a crisis point in reached

On 16-17 May, the Minister of Foreign Affairs of Lithuania Linas Linkevičius attended a session...

Opposition say won't dance to Karbauskis' tune

Statements by Ramunas Karbauskis , leader of the Lithuanian Farmers and Greens Union (LFGU), about...

Grybauskaite to attend Ukrainian President’s inauguration

President Dalia Grybauskaitė is leaving for Kyiv on Monday, May 20, to attend the inauguration of...