[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 2 sources · 24 days · First seen · Last updated

Lithuania minimum wage policy evolution

Overview

Discussions regarding Lithuania’s minimum monthly wage (MMA) have transitioned from economic debate to formal government policy. Initially, economist Dalia Jakutavičė advocated for increasing the MMA to align with European Union recommendations, arguing that Lithuania should compete through higher value rather than low wages. She emphasized that the MMA should reach 45–50% of average earnings to support sustainable development.

Following these discussions, the Lithuanian government approved a decision to raise the minimum monthly wage to 1,245 euros by 2027. This increase is intended to maintain the target ratio of approximately 45–50% of the country’s average wage in response to rising living costs and economic trends.

Entities

Government of Lithuania · Lithuanian Confederation of Trade Unions · European Union · Lithuanian Confederation of Industrialists · Dalia Jakutavičė

Timeline

  1. 22 days ago

    [BUSINESS] 2 sources
    Lithuania to raise minimum wage to 1,245 euros by 2027

    Lithuania will raise its minimum wage to 1,245 euros by 2027, while organizations warn that proposed employment funding for persons with disabilities may effectively decrease due to rising costs.

  2. about 2 months ago

    [POLITICS] 2 sources
    Lithuania’s Minimum Wage Debate Highlighted by Dalia Jakutavičė

    Dalia Jakutavičė says Lithuania should focus on higher‑value competition, not low wages, urging gradual minimum wage hikes in line with EU standards despite business concerns.

Sources

jonavoszinios.lt · naujienugidas.lt