Income distribution

New economic stimulus package adopted, focus on income support and aid to companies

Ljubljana – The government adopted on Saturday a new economic stimulus package. Direct income support for groups including pensioners, students and those with the lowest wages is planned along with aid for companies. Finance Minister Andrej Šircelj said the package is estimated at around EUR 550 million.

Social partners make no progress on demographic fund, minimum wage

Ljubljana – The Economic and Social Council (ESS) debated on Friday the bill on a new national demographic fund, but not much progress was made as both the employer and trade union representatives still do not support it. The two meanwhile remain on the opposite sides regarding plans to freeze the scheduled increase in the minimum wage.

USR's Nasui: State should scrap minimum wage tax

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.

"You do not have to pay taxes and contributions now, the state will pay"

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.

Romania's hourly labour cost up over 12pct in Q4 of 2019

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.

Editorial: Raise wages!

Negotiations on setting the new minimum wage in the private sector   are to begin in the coming days.

The government is entering the talks with trade unions having pledged in its electoral campaign last year to support wage hikes in 2020 that are double the country's growth rate.

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