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Lithuanians earn more than statistics show

Jul 01, 1999
By Peter J. Mladineo

VILNIUS – People in Lithuania have more money than the government says they do, and many are making it in ways invisible to the government's eyes. The Lithuanian Free Market Institute's semi-annual survey of macroeconomic variables maintains that monthly household income per household member is 821 litas ($205.25) in cities, 582 litas in towns, and 380 litas in rural areas. Official estimates put those figures at 483 litas, 365 litas, and 252 litas respectively.One of the more important aspects ...

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