Lithuania: minimum wage to rise in 2023

Lithuania’s minimum monthly wage “should increase by between 15% and 19%” next year, Mykolas Majauskas, chairman of the parliamentary Committee on Budget and Finance, said on August 16. “Accordingly, the government should calculate how much the non-taxable personal income threshold should increase so as to somewhat ease the burden on businesses, because a minimum wage…

Lithuania: giving up nuclear energy a mistake

Lithuania’s decision to give up nuclear energy “was a big mistake”, the country’s Energy Minister Dainius Kreivys said on August 16. Closing the Ignalina nuclear power plant in northeastern Lithuania “was a mistake made by all of us”, Kreivys told a joint meeting of the parliamentary Committee on Economic Affairs and the Commission for Energy…