VILNIUS — Baltic states residents earned around two-thirds of the average gross domestic product per capita in the EU, newly released statistics for 2007 show.

Estonians earned the highest wages among the three countries at 68.8 percent of the EU average of €24,900 per year. Lithuanians and Latvians earned 59.3 percent and 55.7 percent respectively of the average.

“The middle class is still forming. We have quite rich people and the other part is [private_supervisor]quite poor,” Aldas Kikutis, former director of the Association of Lithuanian Chambers of Commerce, Industry and Crafts told Baltic Reports.

Since 2007, when all three countries were booming, economic figures and earnings have nosedived across the board. Unemployment has also risen significantly in all three countries. While the lower labor costs have made the country more competitive, it’s delayed the full attainment of Western lifestyles for people here.

“Regarding the salaries themselves, according to some headhunting agencies, there is still 20 years until the salaries here reach the levels of Western European countries,” Mantas Nocius, managing director of the Lithuanian Development Agency told Baltic Reports.

Central Londoners fared best earning 334 percent of the average, while Bulgarians from the town of Severozapaden earned just 26 percent of the EU27 average.

Though central Londoners earned most overall, statisticians from the Eurostat service said the numbers were positively influenced in busy commuter hubs.

Riga is the biggest commuter hub of the three Baltic countries for passengers from other EU countries because of its busy airport.

[/private_supervisor] [private_subscription 1 month]quite poor,” Aldas Kikutis, former director of the Association of Lithuanian Chambers of Commerce, Industry and Crafts told Baltic Reports.

Since 2007, when all three countries were booming, economic figures and earnings have nosedived across the board. Unemployment has also risen significantly in all three countries. While the lower labor costs have made the country more competitive, it’s delayed the full attainment of Western lifestyles for people here.

“Regarding the salaries themselves, according to some headhunting agencies, there is still 20 years until the salaries here reach the levels of Western European countries,” Mantas Nocius, managing director of the Lithuanian Development Agency told Baltic Reports.

Central Londoners fared best earning 334 percent of the average, while Bulgarians from the town of Severozapaden earned just 26 percent of the EU27 average.

Though central Londoners earned most overall, statisticians from the Eurostat service said the numbers were positively influenced in busy commuter hubs.

Riga is the biggest commuter hub of the three Baltic countries for passengers from other EU countries because of its busy airport.[/private_subscription 1 month] [private_subscription 4 months]quite poor,” Aldas Kikutis, former director of the Association of Lithuanian Chambers of Commerce, Industry and Crafts told Baltic Reports.

Since 2007, when all three countries were booming, economic figures and earnings have nosedived across the board. Unemployment has also risen significantly in all three countries. While the lower labor costs have made the country more competitive, it’s delayed the full attainment of Western lifestyles for people here.

“Regarding the salaries themselves, according to some headhunting agencies, there is still 20 years until the salaries here reach the levels of Western European countries,” Mantas Nocius, managing director of the Lithuanian Development Agency told Baltic Reports.

Central Londoners fared best earning 334 percent of the average, while Bulgarians from the town of Severozapaden earned just 26 percent of the EU27 average.

Though central Londoners earned most overall, statisticians from the Eurostat service said the numbers were positively influenced in busy commuter hubs.

Riga is the biggest commuter hub of the three Baltic countries for passengers from other EU countries because of its busy airport.[/private_subscription 4 months] [private_subscription 1 year]quite poor,” Aldas Kikutis, former director of the Association of Lithuanian Chambers of Commerce, Industry and Crafts told Baltic Reports.

Since 2007, when all three countries were booming, economic figures and earnings have nosedived across the board. Unemployment has also risen significantly in all three countries. While the lower labor costs have made the country more competitive, it’s delayed the full attainment of Western lifestyles for people here.

“Regarding the salaries themselves, according to some headhunting agencies, there is still 20 years until the salaries here reach the levels of Western European countries,” Mantas Nocius, managing director of the Lithuanian Development Agency told Baltic Reports.

Central Londoners fared best earning 334 percent of the average, while Bulgarians from the town of Severozapaden earned just 26 percent of the EU27 average.

Though central Londoners earned most overall, statisticians from the Eurostat service said the numbers were positively influenced in busy commuter hubs.

Riga is the biggest commuter hub of the three Baltic countries for passengers from other EU countries because of its busy airport.[/private_subscription 1 year]

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