Croatia's government raises minimum salary to €437 as of 2020

Croatia's government raises minimum salary to €437 as of 2020

Croatia's government raises minimum salary to €437 as of 2020 Izvor: Pixabay (ilustracija)

Prime Minister Andrej Plenkovic announced at the beginning of the government's meeting on Thursday morning that the net minimum monthly wage would be 3,250 kuna (€437) as of 1 January 2020, increasing by 250 kuna (€34).

Plenkovic recalled that during the term of his cabinet, the minimum wage had increased by €100, which he said, had never happened during the rule of other Croatian governments.

He underscored that the latest, fourth round of tax reforms would result in tax reliefs amounting to HRK 2.4 billion.

During the term of this cabinet tax reforms resulted in the reduction of tax burden by 9 billion kuna, according to Plenkovic's explanation.

All that has led to a rise in incomes and citizens' living standards enabling better consumption, which has influenced a growth rate.

He also said that the planned draft budget for 2020 was based on the projected growth rate of 2.5% next year.

Plenkovic also underscored the reduction of the share of public debt in GDP to 71.5%.

All that has reinforced Croatia's status on international financial markets, leading to the country's improved credit rating, he said.

(€1= 7.44 kuna)

POVEZANE VIJESTI

Comments (0)

Comment sent successfully.

Comment sending failed.

Invalid CAPTCHA

* All fields are required

MOST POPULAR

NAJČITANIJE

READ MORE

NEWS

NEWS

Serb ethnic minority remembers exodus of Serbs from western Slavonia, Bilogora 18:28 h

18:28 h  |  NEWS

NEWS

NEWS

Pope Francis to visit Montenegro in 2020 17:36 h

17:36 h  |  NEWS

NEWS

NEWS

Croatian government allocates €90,000 for Croatian House in Subotica 13:51 h

13:51 h  |  NEWS

NEWS

NEWS

CNN includes Zagreb among world's best Christmas markets 13:37 h

13:37 h  |  NEWS

NEWS

NEWS

Cappelli: 2020 will be special for Croatian economy and tourism 13:27 h

13:27 h  |  NEWS

NEWS

NEWS

Explosion of international activity awaiting Croatia, says PM 13.12.2019.

13.12.2019.  |  NEWS

NEWS

NEWS

Croatia second to last in EU in consumption and GDP per capita 13.12.2019.

13.12.2019.  |  NEWS

NEWS

NEWS

Hungarian FM Szijjarto: Croatia and Hungary should buy gas together 13.12.2019.

13.12.2019.  |  NEWS

PROČITAJTE JOŠ

NEWS

NEWS

Serb ethnic minority remembers exodus of Serbs from western Slavonia, Bilogora 18:28 h

18:28 h  |  NEWS

NEWS

NEWS

Pope Francis to visit Montenegro in 2020 17:36 h

17:36 h  |  NEWS

NEWS

NEWS

Croatian government allocates €90,000 for Croatian House in Subotica 13:51 h

13:51 h  |  NEWS

NEWS

NEWS

CNN includes Zagreb among world's best Christmas markets 13:37 h

13:37 h  |  NEWS

NEWS

NEWS

Cappelli: 2020 will be special for Croatian economy and tourism 13:27 h

13:27 h  |  NEWS

NEWS

NEWS

Explosion of international activity awaiting Croatia, says PM 13.12.2019.

13.12.2019.  |  NEWS

NEWS

NEWS

Croatia second to last in EU in consumption and GDP per capita 13.12.2019.

13.12.2019.  |  NEWS

NEWS

NEWS

Hungarian FM Szijjarto: Croatia and Hungary should buy gas together 13.12.2019.

13.12.2019.  |  NEWS

loader