Chairman of the Save Romania Union (USR) Bucharest branch Claudiu Nasui welcomes the government's plans to cover between 35 and 41.5 percent of the gross wage for every employee who returns to work, but considers that the measure should be broadened in the form of a tax exemption for the minimum wage. "The Orban Government has a good idea and must be supported to implement it.
Yesterday's press conference presented an economic program to help the economy with 5.1 billion euros, and, according to the minister, it is aid amounting to 11 percent of Serbia's gross domestic product.
The measures, Mali told RTS, have two goals, preserving jobs and supporting small and medium-sized enterprises.
In Quarter IV 2019, the adjusted hourly labour cost (business days adjusted) registered a decrease rate of 0.27 percent compared to the previous quarter and an increase of 12.03 percent compared to the same quarter of 2018, according to data published by the National Institute of Statistics (INS) on Thursday.
The process for the adjustment of the minimum wage will begin in the last 10 days of February, and according to law it must be completed within four months. Discussions have already started within the government, with spokesman Stelios Petsas reiterating New Democracy's election pledge for an increase up to the level of 703 euros per month in the next three years.
The minimum wage will rise to BGN 610 from January 1, 2020. Its amount will increase by BGN 50 or 8.9% compared to this year, the government decided.
The economic development, sustainable GDP growth, an increase in the number of employees and a reported increase in the national average wage contribute to the increase in the minimum wage to BGN 610.