Lithuania -Chief banker says it’s time for wage growth -April 03, 2013

The chief economist of the Nordea Bank Lithuania has said that a 6% wage increase would be a reasonable growth this year. The economist, Zygimantas Mauricas, stated that the wage restraint in the last three years, which was by far outpaced by economic development, helped the country to recover economically. Mauricas said 2013 should be a year of wage increases.



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