European Commission predicts that Lithuania will experience the biggest fall in wages in the EU; our economists predict an increase

The European Commission (EC) predicts that the fall in wages in Lithuania will be the biggest in the EU, reaching 8.2 per cent. However, such predictions are being disputed by Lithuanian economists, who believe the opposite will be true. According to them, the wages will rise because both minimum income level and public sector wages increased, while only a tenth of companies are considering budget cuts.

Source:

15min

euro / FNTT nuotr.

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European Commission predicts that Lithuania will experience the biggest fall in wages in the EU; our economists predict an increase

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