Minimum wage in Romania doubles compared to 2008, says Eurostat
Bulgaria and Romania had on 1 January 2017 the lowest minimum wages in the European Union (EU), namely 235 Euro and 275 Euro per month respectively, the data published by the European Statistics Office - Eurostat on Friday reveals, according to Agerpres. 2017-02-10 15:42:41
Eurostat says a number of 22 out of 28 member states of the EU have a minimum wage set per economy, unlike Denmark, Italy, Cyprus, Austria, Finland and Sweden, where there isn′t one.
The 22 member states of the EU with a minimum wage can be divided into three main groups: one, which includes ten member states located in the east of the communist bloc, among which Romania, where the minimum wage is lower than 500 Euro per month; the second group is comprised of another five member states in the south of the EU, where the minimum wage varies between 500 Euro and 1,000 Euro per month, and the third group that is made of member states located in the west and north of the EU, all with minimum wages of above 1,000 Euro.
The highest minimum wages in the EU are in Germany (1,498 Euro), Belgium (1,532 Euro), the Netherlands (1,552 Euro), Ireland (1,563 Euro) and Luxembourg (1,999 Euro).
Eurostat mentions that in 2017 compared to the situation of 2008, the minimum wage has increased in all member states, except Greece, where it declined 14 per cent. The highest growths were recorded in Bulgaria and Romania, where the minimum wage has doubled, following some growths of 109 per cent, 99 per cent respectively.
|
|
| |
|
Daily Info |
Smart city is not a fad, it's a necessity In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the econo... |
Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers" "We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of u... |
Telekom Romania, a strong supporter of Smart City development in Romania Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society... |
In the industrial era, the fight was for finite material resources. Not anymore Now organizations fight and develop themselves for and around their talent.
In a nutshell, getting ahead in today's business world is all about attracting and inspiring an e... |
Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania" Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-p... |
|
|
|
|
|
|
|
|
advertising
advertising
advertising
|
More on News |
President Iohannis urges Romanians to be more united, stay involved in modernizing Romania Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania. |
OTP Bank Romania signs investment funds distribution deal with Eurobank Fund Management Luxembourg OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP B... |
Fondul Proprietatea expresses disappointment over Engie listing rejection Fondul Proprietatea is disappointed with the decision taken by the majority shareholder of Engie SA, Romania Gas Holding B.V., to oppose the listing of the company, accordi... |
Europe must become a producer of new technologies, not just a consumer of technologies, says EC Europe must become a producer of new technologies, not just a consumer of technologies, said Gerard de Graaf, Director for the Digital Single Market in Directorate-General ... |
FDI in Romania rises 10 per cent after ten months in 2018 Non-residents' direct investment in Romania (net FDI) totaled 4.56 billion Euro in January-October 2018, around 10 per cent more compared to the same period of 2017, Romani... |
Catrina, MCSI: Romania is ready to roll up its sleeves and work during the presidency of the EU Council Romania is ready to roll up its sleeves and work during the presidency of the Council of the European Union (EU), said Maria Manuela Catrina, State Secretary at the Ministr... |
Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace a... |
|