Czech Republic: average salary should continue to rise firmly

Publication

25 January 2006 à 17h24

Updated on 17 March 2013 à 17h44

Reading time

1 minute

Publication: 25 January 2006 à 17h24, Updated on 17 March 2013 à 17h44

Reading time: 1 minute

Given the current pace of the economic growth, the head of the Czech-Moravian Confederation of Trade Unions, Milan Stech, said that the average salary in the Czech Republic should reach 27000 CZK (about 944 euros) by the year 2010 (compared to approximately 18000 CZK now or 629 euros). (Ref. 0665)

Publication

25 January 2006 à 17h24

Updated on 17 March 2013 à 17h44

Reading time

1 minute

Publication: 25 January 2006 à 17h24, Updated on 17 March 2013 à 17h44

Reading time: 1 minute

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He added that this rate of salary growth is needed in order for the country to successfully adopt the Euro currency. Czech prime minister, Jiri Paroube, estimated the average salary by 2010 to reach only 25000 CZK (about 874 euros). The trade unions’representatives expect the average salaries to rise by 5 or 6 percent this year,with an inflation rate of 3 percent.

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