Minimum wage

Romania's economy is on an upward trend and will continue to grow at a high pace, according to the first results published by the National Institute of Statistics regarding the economic activity in March and the first quarter of this year, Prime Minister Viorica Dancila said on Tuesday.

The business people and not the state are the main culprits for the lack of workforce in Romania, because we have become accustomed to waiting to be given, Dragos Anastasiu, president of the Romanian-German Commerce Chamber (AHK Romania) at the first edition of Working Romania told on Tuesday a speciality conference.

This can reduce the growing polarization between the rich and the rest, he thinks, quoted by NOVA TV. 

Frans Timmermans, the Socialist candidate for the European Commission's presidency, defended the idea of ​​introducing a minimum wage in Warsaw in all member states. This, in his words, can reduce the growing polarization between the rich and the rest.

The new minimum wage covers only 1/10 of the cost of basic food products, reported NOVA TV. 

Venezuelan President Nicolas Maduro doubled the minimum wage to the equivalent of about $ 8 per month in a situation of hyperinflation and a strong devaluation of the Bolivar national currency, France's press reported, quoted by BTA.

Although for the last 10 years the average wage in Bulgaria has grown by almost 90% and the minimum - by 180%, Bulgaria remains the poorest country in the European Union and the inequalities between people continue to deepen. This picture was presented by the President of CITUB Plamen Dimitrov at a conference on social rights.

Private-sector salaried employment increased by 27,840 jobs in February, a month which not only saw a rise in the minimum wage but also the growth of part-time positions compared to full-time work, figures from the Labor Ministry's Ergani hirings database showed on Friday.

The European institutions have shown a willingness to put up with the current Greek government but they are likely to raise obstacles for the next government after this year's general election, according to Bank of America Merrill Lynch.

German Consul Hans E. Tischler said on Thursday that the German investors in Transylvania intend to maintain their businesses because they feel good here. Hans E. Tischler said he visits very often German companies in all of Transylvania and finds that German companies still feel good here and want to stay.

Nurses from all over the country go to a national protest demanding a decent pay for their work, reported the Bulgarian National Television.

They insist on a starting salary of two minimum wages and regulation of working hours. Many of the nurses are doing extra work, claiming they are not paid or working in several places.

A European Commission report on the Greek economy released today calls for a swifter implementation of reforms and expresses concerns about the long-term impact on the budget of the government's minimum wage hike.