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Eurostat: Romania’s labor costs, the fastest growth in EU

Romania recorded last year the fastest growth of the hourly labor costs among the 28 European Union member states, of 15 percent up to EUR 6.3, but still ranks second-lowest in terms of wages, after Bulgaria, according to Eurostat data released on Monday, business-review.eu reports. Romania’s hourly labor costs rose from EUR 4.9 in 2015 to EUR 5.5 in 2016 and EUR 6.3 in 2017. Compared with 2004, when they amounted EUR 1.9, ...

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