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Cutting spending and looking for water-cannons

Oct 01, 2009
By Rokas M. Tracevskis

TENSION IN THE AIR: One-third of Lithuanians are nervous about their uncertain future, according to a social survey.
VILNIUS - On Sept. 23, during a joint press conference, Lithuanian Prime Minister Andrius Kubilius and Donatas Jankauskas, minister of social security and labor, announced that Lithuania should step into the land of pain. They presented plans for severe cuts in social spending, which would be launched this coming December and January. The result of these draconian measures should be budget savings worth some 2.4 billion litas (700 million euros). Kubilius said that social security taxes would ...

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