Labour Code

The majority halted the new Labour Code in the hopes of an extra half a year allowing employer and employee representatives to reach compromise on the most disputed questions. It would appear that such expectations were overly optimistic.

President Dalia Grybauskaitė signed under the 2017 state budget project which already passed in Seimas.

Lithuania's new Labour Code, which is part of the so-called social model package, will come into force next July.

Lithuanian Prime Minister-designate Saulius Skvernelis expects that the so-called new social model, a package of legislation on labour market and social insurance reforms, will be improved and passed by next July to give six months to businesses and private individuals to prepare for the planned cha...

The Eurogroup thinks that Lithuania's planned new social model, a package of legislation on structural labour market and pension system reforms, in 2017 would be compatible with fiscal discipline.

Lithuania's parliament has approved for discussion amendments, which suggest postponing the enforcement of some of the laws of the social model, which includes the new Labour Code, until July 1 of 2017, which would allow saving about 80 million euros.

The Homeland Union – Lithuanian Christian Democrat Party union Lithuanian Christian Democrats published a declaration regarding the situation in the party on 29 November.

In-depth discussion of the Lithuanian Labour Code, which some parties want enforced next summer, is scheduled for the parliament's spring session, First Vice-Speaker Rima Baškienė says.

Seimas Speaker Viktoras Pranckietis met with President Dalia Grybauskaitė on Monday to discuss further cooperation. Assistant to the head of state Mindaugas Lingė states that the currently most pressing task is to balance next year’s budget.

Lithuanian employers are considering a possibility of a public pledge to raise wages in exchange of consideration of their proposals of regulation of labor relations, delfi.lt news portal said, adding that trade unions are cautious about the proposal.

Next year’s budget is turning into a task for the new cabinet, which has yet to form and the new Seimas, which started work this week. The President has already presented the candidacy of Saulius Skvernelis for the post of PM, next week he will likely become the head of cabinet with little to no res...

Fitch Ratings says that the inclusion of the Social Democrats in Lithuania's new coalition government reduces policy uncertainty after last month's parliamentary elections, in which the Peasant and Green Union (LPGU) scored a surprise victory, and believes that "material changes to economic, fiscal ...

Lithuania's President Dalia Grybauskaitė on Tuesday proposed that the parliament should consider Saulius Skvernelis as candidate for prime minister.

Reform of the social model is vital, Lithuania's Prime Minister Algirdas Butkevičius restated a few times at the final meeting of the 2012-2016 parliament on Thursday.

On Monday the winner of this year’s Seimas election, the Lithuanian Peasant and Greens Union (LVŽS) and the Lithuanian Social Democrat Party (LSDP) worked on merging their programmes and decided on the number of ministries each party can expect in the future cabinet, with 11 going to the LVŽS and th...