Lithuania: average pay doubles in last decade

Average salary growth in Lithuania over the past decade has been one of the fastest among members of the Organization for Economic Co-operation and Development, according to a study by the international financial technology company Tipalti. Its data showed that the average annual salary in Lithuania almost doubled between 2011 and 2021. Last year, it…

Lithuania: China not important trade partner

Lithuania’s losses due to Beijing’s trade sanctions have been limited, as China has not been a big export market for the country, according to Finance Minister Gintare Skaiste. “China has never been a significant economic partner,” Skaiste said, commenting on the EU’s latest request to the World Trade Organization (WTO) to set up a panel…