As of 1 January 2022, 21 out of the 27 EU Member States have national minimum wages, making Denmark, Italy, Cyprus, Austria, Finland and Sweden the exceptions. Based on their levels in euro, those 21 Member States can be divided into three main groups. Monthly minimum wages below €1 000 in 13 EU countries, above €1 500 in 6 The 21 EU Member States that have national minimum wages can be divided into three main groups based on their levels in euro. In January 2022, 13 Member States, located in the east and the south of the EU, had minimum wages below €1 000 per month: Bulgaria (€332), Latvia (€500), Romania (€515), Hungary (€542), Croatia (€624), Slovakia (€646), Czechia (€652), Estonia (€654), Poland (€655), Lithuania (€730), Greece (€774), Malta (€792) and Portugal (€823). In Slovenia (€1 074) and Spain (€1 126) minimum wages ranged just over €1 000 per month, while in the remaining six Member States, minimum wages were above €1 500 per month: France (€1 603), Germany (€1 621), Belgium (€1 658), the Netherlands (€1 725), Ireland (€1 775) and Luxembourg (€2 257). For comparison, the federal minimum wage in the United States was €1 110 in January 2022. Smaller gaps in minimum wages once price level differences are eliminated Across the group of 21 Member States in analysis, the highest minimum wage was almost 7 times higher than the lowest. However, the disparities are considerably smaller once price level differences are taken into account. When expressed in purchasing power standard (PPS), minimum wages in the Member States with lower price levels become relatively higher compared with those in the Member States with higher price levels. By eliminating price differences, minimum wages ranged from 604 PPS per month in Bulgaria to 1 707 PPS in Luxembourg, meaning that the highest minimum wage was almost 3 times higher than the lowest. Based on this, it is possible to distinguish two main groups: group 1 with a national minimum wage above PPS 1 000, and group 2 with a national minimum wage below PPS 1 000. Group 1 includes Luxembourg, Germany, the Netherlands, Belgium, France, Ireland, Slovenia, Spain, Poland and Lithuania. Their national minimum wages ranged from PPS 1 038 in Lithuania to PPS 1 707 in Luxembourg. While group 2 includes Romania, Portugal, Malta, Croatia, Greece, Hungary, Czechia, Estonia, Slovakia, Latvia and Bulgaria. The national minimum wages for this group ranged from PPS 604 in Bulgaria to PPS 949 in Romania. All candidate and potential candidate countries with a national minimum wage belong to group 2, with minimum wage levels ranging from PPS 401 in Albania to PPS 888 in Montenegro. The United States (PPS 920) belong to group 2.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
