Latvia: government establishes new criteria for setting minimum wage

On 19 November, the Latvian cabinet adopted a regulation setting out the criteria for determining the minimum wage, as it applies the 2022 European directive. According to this text, the minimum wage will now have to correspond to 46% of the average gross wage calculated by the central statistical office for the last 12 months available. The regulation also sets out the annual timetable for revising the minimum wage and the additional indicators that will have to be considered, such as...