Ministry of Finance

Lithuanian government will not decide on raising minimum wage before May

Lithuania's Minister of Finance Rimantas Šadžius says that if the economy and wages grow, then raising the minimum monthly salary to EUR 325 from 1...

Lithuanian parliament passes 2015 budget second time

The Lithuanian parliament passed the state's budget for 2015 for the second time on Thursday, with 79 votes in favour, 14 votes against and 34 abstentions.

Low inflation in Lithuania particularly favourable to euro adoption, economists say

Current average annual inflation in Lithuania is at its lowest since 2010, according to financial experts, a situation that is particularly favourable to the...

The Economist forecasts lower GDP growth for Lithuania than government estimates

Next year Lithuania's economy should grow 2.7 percent, a lower indicator than projected by the Finance Ministry but more than the majority of other...

Lithuanian milk producers to receive state aid in early December

The National Paying Agency (NMA) under the Ministry of Agriculture is going to distribute transitional national aid to diary producers on 1-2 December.