Lithuanian Parliament presented an amendment defining new criteria to estimate minimum monthly wage. According to it, starting from year 2009 minimum monthly wage should represent at least 60 % of average gross monthly wage in the country, with a possibility to be reviewed and changed year by year, also if necessary be differentiated in various economy branches, regions or among specific personnel groups. (Ref. 070482)
According to amendment, until year 2009 minimum monthly wage should be at least equal to 50 % of average gross monthly wage. Currently minimum wage in Lithuania is equal to 600 litas (174 euros) and represents only about 35 % of the average gross monthly wage. Tripartite Council (social body of cooperation), except Ministry of Finances, encourages raising of minimum wage up till 700 litas (203 euros) starting from July 2007, though this question is still under discussion. According to recent st
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