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Is Lithuania Facing an Economic Shock? Here Are the Predictions
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The debate on increasing the minimum wage is ongoing. The Bank of Lithuania predicts that the minimum wage could rise by 6–12 percent. According to economists, a double-digit wage increase could have side effects: higher inflation and higher unemployment. Žygimantas Mauricas, chief economist of Luminor Bank, and Nerijus Mačiulis, chief economist of Swedbank, discussed what really awaits us in the news portal program “Dienos přivvis”.
·Vilnius, Lithuania
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