Lithuania would not be able to remain competitive if it abandoned a new Labour Code that has been passed by the Seimas, but vetoed by the president, the International Monetary Fund said.
Labour Code
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Lithuania's parliament will on Saturday discuss President Dalia Grybauskaitė veto on the new Labour Code that is meant to liberalize relations between employers and employees. Under the Seimas statute, MPs should decide during the meeting whether the law should be discussed again or scrapped.
Lithuanian Prime Minister Algirdas Butkevičius has reiterated his position that the parliament should overturn President Dalia Grybauskaitė's veto of the new Labour Code and adopt a little improved bill by the end of the current parliamentary term.
Coca-Cola withdrawal from Lithuania 'to do with market size, not Labour Code' - president's adviser (1)
An advisor to Lithuanian President Dalia Grybauskaitė says the size of the Lithuanian market and shortage of specialists are probably the reasons behind Coca-Cola's decision to close its plant in the country.
The Lithuanian parliament will make decisions on the new Labour Code and several other laws vetoed by President Dalia Grybauskaitė during its last session that starts this Saturday.
In the run-up to the general elections in October, leaders of Lithuania's ruling parties would prefer to end the discussions on the new Labour Code vetoed by the president – a possibility is not ruled out that the current version of the law will remain in effect.
Lithuania's ruling Social Democratic Party is likely to support the presidential veto of the new Labour Code, says the party's vice-chairman MP Algirdas Sysas.
Discussions over the new Labour Code, passed by the parliament in June and vetoed by the president, continued on Thursday when Prime Minister Algirdas Butkevičius met with labour union leaders.
The conservative leader is too young and inexperienced to be aiming for the prime ministerial post, meanwhile the political career of the former liberal leader, who is currently fighting corruption charges, is as good as over, says Jūratė Novagrockienė, political science professor at the General Jon...
Lithuania's President Dalia Grybauskaitė says that the Labour Code reform, adopted by parliament in June, but vetoed by herself, is "inhumane" and completely disregarded the interest of workers. To read this article, try a €5.99 monthly subscription by clicking here.
The Lithuanian parliamentary speaker believes the parliament, Seimas, does not need to convene for an extraordinary session after the president vetoed the new Labour Code. To read this article, try a €5.99 monthly subscription by clicking here.
Lithuania's President Dalia Grybauskaitė has signed into law the reforms of the pension system and the state-run social insurer Sodra, part of the so-called new social model that has been subject to heated discussions. To read this article, try a €5.99 monthly subscription by clicking here.
On Monday, Lithuanian President Dalia Grybauskaitė vetoed the Labour Code proposed by the Seimas and offered potential changes that she believed might improve security for workers. To read this article, try a €5.99 monthly subscription by clicking here.
Minister of Social Security and Labor Algimanta Pabedinskienė disagrees with President Dalia Grybauskaitė's opinion that Lithuanian's new Labour Code is poorly balanced and needs to be improved, saying that the new law regulating labor relations is "as well-balanced as possible". To read this articl...
Lithuanian President Dalia Grybauskaitė has criticised the new Labour Code reform, saying that a majority of the changes were only beneficial to employers. To read this article, try a €5.99 monthly subscription by clicking here.