Thursday, December 15, 2011

Romanian Government Approves 4.5% Increase in the Minimum Wage

Romania’s government approved a 4.5 percent increase in the national minimum gross wage from Jan. 1, according to an e-mailed statement.

The minimum wage will rise to 700 lei ($209) from 670 lei to cover next year’s estimated increase in consumer prices and will affect about 790,677 workers, the government said in the statement late yesterday.

To contact the reporter on this story: Andra Timu in Bucharest atatimu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

No comments: