Minimum wage

Zero taxes on minimum wage in private sector to apply from Jan. 1, 2022

Tax exempting the minimum wage could be a solution for keeping the workforce in the country, and such measure will start on January 1, 2022 in a private sector, which could be the hospitality industry, Minister of the Economy Claudiu Nasui told a news conference on Wednesday. "The labour shortage has been an old problem of Romania, before the pandemic.

Number of Working Poor in Bulgaria Increases by 22% since Beginning of 2021

Our life was better before the coronavirus pandemic, although incomes were low, says a popular Bulgarian musician. We work less now, but we have to pay our water and electricity bills every month. Food prices went up and the price of some food essentials has doubled, says the musician.

PSD's Ciolacu: One third of Romania's private sector employees, paid with minimum wage

One third of employees from the private sector of Romania benefit from minimum wage, declared, on Wednesday evening, for the private broadcaster Romania TV, the chairman of the Social Democratic Party (PSD), Marcel Ciolacu. He manifested his concern that 1,700,000 Romanians are currently paid the minimum wage, and when they will retire they will have small pensions.

PM Citu: Decision regarding minimum wage, after discussions with entrepreneurs and unions

Prime Minister Florin Citu stated on Tuesday that a decision regarding an eventual increase of the minimum wage may be taken only following discussions with entrepreneurs and unions, remarking at the same time that in the past years, in Romania, there has been a "larger dynamic" of growth. "It's a three-part discussion and we will see what the evolution of the minimum wage is.

EU Commissioner for Employment Hopes for Agreement on EU Minimum Wages by June

Member States will hopefully reach a common position on the definition of EU minimum wages before the end of Portugal's presidency of the Council, which runs until June, European Commissioner for employment, Nicolas Schmit, told Lusa.pt, highlighting the "efforts" made by Portugal to that end.

Business organisations urge more ambitious debureaucratisation

Ljubljana – Four business chambers or associations associated in an Economic Circle initiative urged the government to be more ambitious in its debureaucratisation drive and lower the planned social security cap, as they presented a number of ideas for a lean state at an online news conference on Wednesday.

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