Romania: minimum wage to rise by 17.6% from 01 January 2023

Following several months of negotiations, the government and social partners have agreed to raise the minimum wage as of 01 January 2023. In application of the European Directive on adequate minimum wages, Romania’s minimum level will reach 50% of the country’s average wage and will rise from 2,550 to 3,000 lei gross or 1,774 lei net (€610 and €360.63 respectively), in order to limit as much as possible the impact of the crisis on employees and companies, said Marius Budăi, the labour...