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.

English: http://www.baltictimes.com/news/articles/32754/

 

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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