17:45, 2.07.2008 Romanian PM Says A Higher Minimum Wage Is A Bad Idea

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BUCHAREST / 17:45, 2.

07.2008 The increase of the minimum wage is not adequate at this time and it would represent an irresponsible and counterproductive decision with inflationist effects, said Romanian prime minister Calin Tariceanu.The head of the Romanian Executive said the Government Decision enacted late last year clearly states that the minimum wage can be increased to RON540 starting with July 1 based on certain conditions, namely the evolution of economic growth, of labor output and...

Read the whole story in: Mediafax