16 minutes agoKosovo leaves only Bosnia and Herzegovina for lowest minimum wage in Europe
Periskopi(2 years ago)
(2 years ago)The Kosovo government made a decision during a meeting Wednesday to raise the minimum wage in the country to 350 euros for workers of all ages. This increase took place just a few days after the Law on the minimum wage went into effect, which provided a minimum wage increase to 264 gross euros for all [...]
But, with Prime Minister Albin Kurti's new government decision, the new minimum wage rate will be 2 euros per hour of regular work, or 350 euros gross monthly for full time. The new minimum wage would affect around 150,000 employed, who work on wages lower than 350 euros, mainly in the private sector, according to Kurti and Kosovo Finance Minister Hekuran Murati.
This action is but one more step under the many measures we have taken as Government to improve the welfare of citizens”, Kurti said.
Meanwhile, Murati said the decision to raise the minimum wage would take effect on 1 October.
We will make sure that the law and the minimum wage growth decision will be implemented”, Murati said. The new minimum wage decision also ends the discrimination of workers on the basis of age.
Until the new Law was empowered, the minimum wage in Kosovo was 130 euros for workers under 35 and 170 euros for workers up to 65 years.
Kosovo, so far, has had the lowest minimum wage in Europe, 170 euros, while Luxembourg is highest, 2.571 euros. With the rise to 350 euros, Kosovo leaves behind the Federation of Bosnia and Herzegovina with its lowest minimum wage in Europe at about 318 euros.
The minimum wages in Europe on the European continent, citizens of the Federation of Bosnia and Herzegovina receive the lowest minimum wage, while Luxembourg leads the list as the state with the largest minimum wage.
A state's minimum wage is determined by law and applies to most of that state's employees.
