President Gitanas Nausėda travelled to Brussels to negotiate regarding the upcoming European Union budget and the 2021-2027 financial perspective. So far, the proposals for it offer no consolation for Lithuania. Based on the European Commission’s […]
Lithuania’s Tripartite Council, which brings together representatives of the government, some employers and trade unions, on Monday is to resume discussion on raising the minimum monthly wage next January. […]
Lithuanian companies are increasingly looking for consultations to help them understand the prevailing trends and prepare for the changes brought about by all-pervasive technologies. Almost 700 enterprises have already made use of a national compensation scheme for such consulting expenditures, a press release from Invega states. […]
There are calls in the Seimas to once more establish the right for legal entities to back political powers, but not directly, instead through a blind party support fund so the companies would not know […]
The Seimas is planning to rein in institutions and businesses planning to make use of government funds unfairly. The Seimas has prepared amendments to the Public Procurement Law which will increase responsibility for public procurement […]
Lithuania’s parliament will on Saturday discuss President Dalia Grybauskaitė veto on the new Labour Code that is meant to liberalize relations between employers and employees. Under the Seimas statute, MPs should decide during the meeting whether the law should be discussed again or scrapped. […]
A number of Lithuanian entrepreneurs are pushing for Lithuania to adopt Estonia‘s approach to taxation to stop a flight of companies from the country to its Baltic neighbour. “Income tax administration in Lithuania both for […]
Additions to the Labour Code reform package proposed by the parliamentary Committee on Social Affairs and Labour have “unbalanced” it, say employer representatives, accusing lawmakers of “radical populism”. […]
Excessive bureaucracy and overly strict rules on bringing in skilled foreign workers for sectors where there are shortages are damaging Lithuanian-based companies’ ability to compete in global markets, according to the head of the Lithuanian Business Federation. […]
The strategically important Rail Baltica railway project designed to connect the Baltic States to Western Europe, from Tallinn to Warsaw, is slipping from Lithuania’s hands the country’s opposition parties claim. […]
Orlen Lietuva profits jumped to €217 million last year after a loss of €109 million in 2014 yet the company paid significantly less in taxes Lithuania last year than it did in 2014. […]
On Thursday Lithuanian Algirdas Butkevičius is leaving for a week-long official visit to India and while it should be a journey in search of new markets for Lithuanian companies, there is not a single entrepreneur accompanying the prime minister on the visit. […]
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