Published 11th September, 2012
The Labour Party was founded in 2003 by the Russian born self-made millionaire businessman Viktor Uspaskich. The party describes itself as centrist and believes in Centrism, Social liberalism and Populism.
In its first electoral test in the 2004 European elections the party won five seats and in the general election of the same year it won 39 of the 141 seats in the Seimas to become the largest party. The Labour Party then formed a coalition with the Social Democratic Party of Lithuania (LSDP) and the New Union – Social Liberals (NS).
In 2008 the party entered into a coalition with the Youth Party but they managed to win only ten seats and were forced into opposition.
In 2011 the Labour Party merged with the New Union – Social Liberals (NS).
The Labour Party is a member of the Alliance of Democrats and regionally of the European Liberal Democrat and Reform Party. In the European Parliament where it holds one of 12 national seats the party sits in the Alliance of Liberals and Democrats for Europe group.