The European minimum wage will be introduced this year

The Social Democrats announced on Tuesday that they assume as a major political objective the implementation of the European minimum wage in Romania, until the end of 2024.

“The PSD assumes as a major political objective the implementation of the European minimum wage in Romania, by the end of 2024. In this sense, the PSD specialists are already working on the development of a regulatory proposal, for the transposition into national legislation of the European Directive on adequate minimum wages in the Union European”, according to a press release.

The proposal will be made in collaboration with the Minister of Labour, Simona Bucura-Oprescu.

“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 purchasing power for all employees in Romania. 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 with this minimum salary level”, it is mentioned at the end of the communiqué.