[Romania] European directive would lead to 25% minimum wage rise

A European directive aims to set the minimum wage in the EU countries at 50 per cent of the average salary in each country. In Romania, the gross minimum wage represents only 40 per cent of the average wage and would have to grow by 25 per cent to match the set threshold, Romania-Insider.com reports.

The European directive states that the minimum wage should ensure a decent living standard and amount to half of the average national salary of an EU member state.

The European Parliament and the European Council reportedly reached an agreement on the issue after extensive negotiation.

The gross minimum wage in Romania is currently RON 2,550 (€515), less than half of the average gross salary of RON 6,400 (€1,300). For the minimum wage to be half of the average salary, it would have to be increased by 25 per cent, to a gross of RON 3,200 (€650), according to Ziarul Financiar.

EU member states ordinarily have up to three years to implement such directives. However, French President Emmanuel Macron promised to shorten the period to two years for this specific directive

Source: Romania-Insider.com

(Link via original reporting)

A European directive aims to set the minimum wage in the EU countries at 50 per cent of the average salary in each country. In Romania, the gross minimum wage represents only 40 per cent of the average wage and would have to grow by 25 per cent to match the set threshold, Romania-Insider.com reports.

The European directive states that the minimum wage should ensure a decent living standard and amount to half of the average national salary of an EU member state.

The European Parliament and the European Council reportedly reached an agreement on the issue after extensive negotiation.

The gross minimum wage in Romania is currently RON 2,550 (€515), less than half of the average gross salary of RON 6,400 (€1,300). For the minimum wage to be half of the average salary, it would have to be increased by 25 per cent, to a gross of RON 3,200 (€650), according to Ziarul Financiar.

EU member states ordinarily have up to three years to implement such directives. However, French President Emmanuel Macron promised to shorten the period to two years for this specific directive

Source: Romania-Insider.com

(Link via original reporting)