Stability and Growth Pact

Lithuania's 2018 draft budget meets fiscal discipline requirements - European Commission

Lithuania's draft budget for 2018 complies with the fiscal requirements of the Stability and Growth Pact , the European Commission said on Wednesday.

EU commission recognizes Lithuania's social model as structural reform

The European Commission has recognized Lithuania's so-called social model package, including its new Labour Code , as a structural reform and granted...

President asks EC for reservation on social model

Lithuania's President Dalia Grybauskaitė has asked the European Commission (EC) to apply a reserve clause for the country to be able to have a bigger...

EC: Lithuania may fall short of Stability, Growth Pact standards

Lithuania's 2017 draft budget plan may fall short of the provisions of the Stability and Growth Pact , however, this could be avoided by way of an...

New Labour Code to come into force next July

Lithuania's new Labour Code , which is part of the so-called social model package, will come into force next July.