Lithuania

As we usher in the new year, significant changes are on the horizon for the Baltic states, particularly in the realm of minimum wage. In 2024, Estonia, Latvia, and Lithuania are all set to witness an increase in their minimum wage, signifying a shift in economic dynamics. Let's delve into the details of these changes and their potential impact.…

In 2023 minimum wage is set to increase in all Baltic states. Estonia will have a minimum wage of EUR 725; Latvia - EUR 620 and Lithuania - EUR 800. During the past 5 years minimum wages across the Baltics have experienced a steep increase, and in some cases even doubled. When compared to 2018, Estonia's minimum wage has increased by EUR 225,…

Baltic Horizon Fund is a regulated closed-end contractual investment fund registered in Estonia. The fund is traded on Tallinn (Nasdaq Baltics)  and Stockholm stock exchanges.This fund operates under the REIT concept where the vast majority of Fund’s cash earnings are paid and only 20% can be reinvested.On May 12, I bought some humble 100 shares…

It has been a great decade for all three Baltic states, and increasing minimum wages is just one good example of showing that. From humble EUR 238 in 2010 to still modest EUR 607 (Lithuania). That's quite an impressive growth in "just" 10 years.  For me observing minimum wages in the Baltic states has always been interesting, here you can find…

Charlie Pizza is a Lithuanian fast food chain located all across the country, serving pizza, salads, pasta and other freshly prepared dishes. It was in May 2018, when we visited the one located in the Mazaikai town.  Starter plate at Charlie Pizza in Mazeikiai, Lithuania Lithuanian Cepelinai served at Charlie Pizza Cepelinai or …

Filmed in 8 countries throughout 2016, glued, sanded, laminated, blamed and put together in Tbilisi, Georgia using Adobe Premiere CC.  The Great Documentary is 13 minutes and 2 seconds long short from our lives back in 2016.  The story starts in Venice, Italy, travels to Georgia, Armenia, then Latvia, Lithuania, Spain, Gibraltar and ends in New…

During the past few years, there have been some positive improvements for raising the minimum wage in all three Baltic states (Estonia, Latvia, and Lithuania). In 2018 minimum wage is set to rise in all Baltic states again. Estonia will a have a minimum wage of EUR 500; Latvia - EUR 430 and Lithuania - EUR 400. That' s a pretty decent leap if…

Traditions should be respected. For the third year in a row I have been celebrating my birthday at one of the former Soviet Union member country's capital city. Year ago, I spent awesome birthday in Tallinn (Estonia) and two years ago in Yerevan, Armenia.  It was planned to visit Minsk (Belarus) for this year, but instead of Minsk, my better part…

Motel Istros Aviaparkas is among the strangest and definitely the most solitary hotel I have ever stayed. Located some 4 kilometers from town of Panevezys in Lithuania. It was the evening of my 31st birthday and we returned home from our three day trip around Lithuania. Tired. After checking few rural houses in the vicinity we decided hell - let'…

IKEA store has been opened in Vilnius city already in 2013. This place is very popular among local and neighboring shopping travelers - Belarus and Latvia. There is no surprise seeing shoppers from Belarus here, as Minsk is less than 200km from Vilnius. Latvians? Well they just love shopping in Vilnius. It was my birthday, we were at Vilnius,…