PM wants to increase minimum wage to Ft 100,000
Friday, September 30, 2005, 13:18
Prime Minister Ferenc Gyurcsány wants to almost double the country's minimum wage by 2010, state radio's website reported, citing the premier's speech in parliament yesterday. Gyurcsány proposed to raise the monthly gross minimum wage to at least Ft 100,000 ($485) by 2010 from the current Ft 57,000 according to the web site. The government will propose a five-year plan for wage increases to employer organizations and
trade unions, he added. Hungarian take-home wages rose 8.35% in June from a year earlier, bringing the average increase to 11.55% this year. Gyurcsány's governing Socialists are facing elections in seven months and trail the opposition Fidesz party by 4 percentage points among likely voters, the pollster Szonda Ipsos said on September 23.