Friday, May 24th, 2013
Today's weather     
Tusk: now not the right time to raise minimum wage

17th September 2012
Bookmark and Share


The minimum wage in Poland should not be expected to change drastically anytime soon, Gazeta Wyborcza reported.

“I do not think we will want to lower the minimum wage, but it is also certain that it can’t be increased when economic growth is slowing down,” Prime Minister Donald Tusk told reporters last Friday.

“I do agree that raising the minimum wage, especially when GDP growth is lower, may directly or indirectly push the unemployment rate up – and this is what I’m trying to explain to our partners,” he said.

“However, there is no doubt that the minimum wage in Poland is not unreasonably high at the moment,” he added.

Poland A.M.


From Warsaw Business Journal


Advertisement
The business of politics
Is Poland's ruling party finished?
BY Remi Adekoya
Though parliamentary elections are two years away, a series of recent polls showing the main opposition party Law and Justice (PiS) ahead ... READ MORE
Stratfor on Geopolitics
Migration and remittances in the euro zone periphery
BY Stratfor Global Intelligence
One of the main social consequences of Europe's economic crisis is the increasing number of people leaving countries in the ... READ MORE
Our partners