PSD: The European minimum wage will be introduced in Romania this year

PSD: The European minimum wage will be introduced in Romania this year
PSD: The European minimum wage will be introduced in Romania this year
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The social democrats specified that the PSD assumes as a major political objective the implementation of the European minimum wage in Romania, until the end of 2024. In this sense, the party’s specialists are already working on the elaboration of a regulatory proposal, for the transposition of the European Directive into the national legislation on adequate minimum wages in the European Union. The proposal will be made in collaboration with the Minister of Labor Simona Bucura-Oprescu.

The PSD believes that an automatic mechanism must be defined for the annual increase of the minimum wage in Romania, in a predictable manner, which guarantees the increase in the standard of living and the purchasing power for all employees in Romania, according to the press release of the formation.

According to the cited source, the increase in the minimum wage to 3,700 lei, announced by Prime Minister Marcel Ciolacu for July 1, 2024, will raise wage incomes to the appropriate level for the introduction of the automatic wage increase mechanism, according to the provisions of the European Directive.

PSD believes that any positive effect in the economy must also be reflected in the salary incomes of the citizens.

“The introduction of the European minimum wage will be an important benefit especially for employees in the private sector, where there is the largest number of employees employed with this minimum wage level”, concludes the mentioned source.

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The article is in Romanian

Romania

Tags: PSD European minimum wage introduced Romania year

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