Latvia -Gradual wage increase -October 24, 2012

In a report of the SEB Bank it is said that wages have started to gradually increase in Latvia and Estonia while in Lithuania, real wages still decrease.  In Latvia the average gross and real wage has since the economic fall bottomed out increased by 11 and 2.5% respectively. However, in the second quarter of 2012, the real wage was by 10.3% lower than at the same time in 2008.

English: http://www.baltic-course.com/eng/analytics/?doc=64873

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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