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2012 06 20

Lithuanian minimum wages to increase by EUR 14.5 from August

The Lithuanian government decided on Wednesday to raise the minimum monthly wages by 50 litas (EUR 14.5), to 850 litas, from August, i.e. one month later than initially planned.
Krizės metu – aukso kalnai
Minimum monthly wages to go up by 50 litas / Andriaus Ufarto/BFL nuotr.

The minimum hourly pay will be 5.15 litas from 1 August.

“The government took into account discussions with social partners, which took the whole year, and decided to raise the minimum wages to 850 litas from 1 August, so that businesses could have time to make proper arrangements. The discussions took slightly longer than expected, which we may be reproached for, but I have to point out that there were many factors due to which we could not take a decision on the minimum wages until now,” Prime Minister Andrius Kubilius told the reporters after the government’s meeting.

Those factors included the economic situation and the elections in Greece, he added.

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