Minimum wage in the United States

The government has planned to help employers in facilitating the planned minimum wage raise, said the Science, Industry and Technology Minister Fikri I??k in a televised interview. 

Turkey's new government should accelerate structural reforms, particularly in taxes and the judicial system, as well as support minimum wage payments, Turkish industrialists have said.

A minimum wage hike in Turkey could boost the Turkish economy, credit agency Standard & Poor's (S&P) said on Nov. 9.

"Increasing the minimum wage could boost domestic demand, increasing household income, and so it would have an effect on tax revenues," S&P credit analyst Aarti Sakhuja said in an interview with Anadolu Agency.

Turkey's private sector has started to make calculations as to how the government's pledged increase of the minimum wage will affect overheads.

Politically driven minimum wage setting around the world is endangering the health of economies and societies, according to a report released on Sept. 2 by the JustJobs Network, a global jobs think tank.

The Bulgarian government has proposed for the minimum wage in the country to become between 35 % and 55 % of the average remuneration.

The cabinet has made the proposal to the employers' organisations and trade unions, daily Dnevnik informs.

This becomes clear from a statement of objection submitted by the Bulgarian Industrial Capital Association (BICA).

By Roula Salourou

Greeks receiving the minimum wage will have to work for more than 60 hours per week in order to keep a three- or four-member family above the poverty level, according to a study by the Organization for Economic Cooperation and Development (OECD) on the minimum salary in its member-states.

On paper, Turkey has really good laws protecting workers jobs. According to the World Bank?s Doing Business survey, the country has tight and inflexible labor market regulation ? one of the most stringent in the world. Working hours are rigid, and it is not only quite difficult, but also costly to fire workers.

The minimum wage in Romania could reach a level comparable to other European Union countries in 2018 or 2018, following several raises; the first one should be on July 1, Labour, Family, Social Protection and Elderly Minister Rovana Plumb declared on Tuesday.

Photo credit: (c) Cristian NISTOR / AGERPRES FLOW

The average monthly wage in Bulgaria in the last quarter of 2014 was BGN 847, which represents an increase of 4.7 % compared to the previous quarter.

This is revealed from the latest data of the National Statistical Institute (NSI), which was released on Thursday.