[[{“value”:”
Romania is ready to raise the minimum wage to 4,050 lei (about €800) from 1 January, following President Klaus Iohannis’ promulgation of the European minimum wage law on Wednesday, Prime Minister Marcel Ciolacu announced on Thursday.
Ciolacu stressed that there were no electoral or other obstacles to implementing the wage increase effective 1 January 2025.
Labour Minister Simona Bucura Oprescu described the wage increase as progress towards “better paid jobs and greater economic and social stability.” Through the application of this law, the government aims to “reduce working poverty and protect purchasing power,” she added.
This newly signed law incorporates the EU’s Adequate Minimum Wages Directive 2022/2041 into national legislation to ensure a decent standard of living for all Romanian workers and reduce wage inequalities.
According to the Ministry of Labour, the law stipulates that “low wages will increase on the basis of clear economic indicators and promotes collective bargaining between employers and trade unions, thus strengthening social dialogue.”
According to official sources, Romania has the highest growth rate of minimum wages in the EU over the last decade.
Member States have two years from 6 June 2022 to directly adopt the DirecDirectivehe EU Council to comply with its provisions.
However, historical differences in national wage levels.
(Sebastian Rotaru | Euractiv.ro)
We give you energy news and help invest in energy projects too, click here to learn more
Crude Oil, LNG, Jet Fuel price quote
ENB Top News
ENB
Energy Dashboard
ENB Podcast
ENB Substack
The post Minimum wage in Romania set to increase appeared first on Energy News Beat.
“}]]
Energy News Beat