• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Socialists reiterate call for across-the-board national wage increaseSocialists reiterate call for across-the-board national wage increaseSocialists reiterate call for across-the-board national wage increaseSocialists reiterate call for across-the-board national wage increase
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
  • EU rapporteur: Hungarian secret services have been leaking to the Russians for years – UPDATED

Support us
Daily News Daily News · 10/08/2016
· Business

Socialists reiterate call for across-the-board national wage increase

economy Fidesz labour market Socialists
Daily News Hungary economy

Budapest, August 10 (MTI) – The Socialist Party on Wednesday called for an across-the-board 50 percent wage increase to tackle Hungary’s labour shortages.

An entire generation of young Hungarians want to study and work abroad and many of them do not intend to return home, András Nemény, the party’s deputy leader, told a press conference. He said this was “hardly a surprise”, arguing that the minimum wage is 40-50 percent higher in western Europe and even in Poland and the Czech Republic than in Hungary.

Nemény said the Socialist Party had already once implemented a 50 percent wage increase when it was in government, adding that the party intends to repeat this measure if it comes to power again.

He warned that the government’s failure to raise wages would freeze the economy and ensure that Hungarians working abroad will stay there.

Ruling Fidesz responded to Nemeny’s remarks saying that the Socialist Party “has no credibility whatsoever” regarding the question of wage increases. Among OECD member states, Hungary registered the highest minimum wage increase between 2010 and 2015, the party’s parliamentary group said in a statement. They said that during their time in government, the Socialists had doubled the unemployment rate, made drastic wage cuts in the public sector and failed to raise real wages. By the time the Socialist Party’s two terms were up, more than half a million people were living on welfare, Fidesz said, adding that the current government has raised the minimum wage every year since 2010.

Source: MTI

economy Fidesz labour market Socialists
Share
Daily News
Daily News

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • Direct flights may commute between Budapest and two Asian countries soon
  • PHOTOS: Hungary team rescues 12 from beneath Türkiye earthquake rubble, Wizz Air brings help – UPDATED
  • Polish official: despite disagreements, Polish-Hungarian cooperation is important
  • Central and Eastern Europe’s largest virtual film studio to be built in Hungary
  • Hungarian scholar won EUR 2m for groundbreaking research
  • PHOTOS, VIDEO: pro-Russia demonstration held in Budapest with a surprising participant
  • What happened today in Hungary? 7 February, 2023
  • PHOTOS: Hungarians saving many lives in Türkiye

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V