Minimum Wage Raise Boosts Disposable Incomes By EUR600M

05.04.2016 By Adelina Mihai

The rise in gross minimum wage from 1,050 lei (EUR234) to RON1,250 per month as of May 1 will boost the disposable incomes of more than 1.6 million employees by about EUR600 million a year, according to the data ZF centralized from Labor Ministry information.

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Keywords:
gross minimum wage
, income
, impact