Rimantas Šadžius EN

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...

Challenges for Lithuanian economy next year: not just Russia

Key challenges for Lithuania’s economy next year will include the weakening purchasing power in Russia , competition in the euro area as well as sluggish...

Finance minister presents national budget proposal to Lithuanian parliament

Lithuania’s 2015 budget bill will be adjusted if there is reason to believe that the growth of the country’s economy is slightly lower than the currently...

Finance minister: Lithuania's economic growth won't be explosive next year

Despite criticism of the Finance Ministry's optimistic Lithuanian GDP growth forecasts for next year, Finance Minister Rimantas Šadžius says that the...

Vilnius needs more fiscal discipline, not money, Lithuanian finance minister says

Responding to comments made by Vilnius Deputy Mayor Romas Adomavičius, who said that the Lithuanian capital city was on the brink of bankruptcy, Finance...