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Proposed tax reform: Higher income for lowest earners, fewer exceptions

The Lithuanian government of Prime Minister Saulius Skvernelis has stepped back on its intentions of consolidating income-related tax es on the employee...

Central bank calls for pension system reform as worker-to-retiree ratio falls

Amid a rapid decline in Lithuania's worker-to-retiree pension , the central Bank of Lithuania is sounding the alarm and calling for the pension system to...