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Romania's PM confirms rise of minimum wage and plans for more personal deductions

May 15, 2024

The government plans to hike the minimum statutory wage to RON 3,700 (EUR 740, gross terms), prime minister Marcel Ciolacu confirmed, without saying whether this would be done by July or later this year. Currently, the minimum wage is RON 3,300 (EUR 660), meaning that the new hike would amount to just over 12%. 

Speaking of the income taxation plans to be enacted at a later moment, PM Ciolacu elaborated on his previous hints about personal deductions made available...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romania-pm-rise-minimum-wage-may-2024
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