VILNIUS - The Lithuanian government says it would agree to an increase of the minimum monthly wage if the Labor Code is loosened, reports ELTA. In such case the minimum wage could go up by 50 litas (14.50 euros) as of this July and reach 900 litas in 2013. The government also suggests stipulating 20 days of holidays per year instead of the current 28. And, maximum severance pay would be four months’ wages, the employer would have to warn an employee 3 months before dismissal (currently 4 months). Employers would also have the right to terminate an employment contract when employees...
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