Sunday, November 25, 2007

Economy: Lithuanians take to the streets

Thousands of protestors marched peacefully through the main street of Lithuania’s capital Vilnius on Saturday to protest against rising prices and demand higher wages and pensions.

Lithuanian consumer price inflation in October hit its highest since the end of 1997 at 7.6 percent on an annual basis due to gains in the cost of food and utility prices, the statistics office said.

Protesters called on Prime Minister Gediminas Kirkilas, who leads a minority centre-left coalition government, to step down.

Police said 3,000-4,000 protesters took part in the march, organised by the country’s major trade unions.