In June, discussions were held in Lithuania on the minimum monthly wage. A compromise was reached – in 2027, the minimum monthly wage will increase to EUR 1,245, or 8 percent. The reason for the annual increase is to manage the huge income inequality in Lithuania. According to this indicator, Lithuania is only behind Bulgaria and Latvia in the European Union.
In June, discussions were held in Lithuania on the minimum monthly wage. A compromise was reached – in 2027, the minimum monthly wage will increase to EUR 1,245, or 8 percent. The reason for the annual increase is to manage the huge income inequality in Lithuania. According to this indicator, Lithuania is only behind Bulgaria and Latvia in the European Union.