Foreign investors have their say on the planned hike in minimum wage in Romania

With the gross minimum wage set to grow by 20 percent this coming May, in a move that will impact over 1 million employees in the private sector, foreign investors warn that the labor taxation is still high in Romania and that small companies might not be able to cope with this increase, business-review.eu says. Additionally, concerns were raised that the rapidly-implemented additional tax burden may lead to increased pervasion of black market labor and tax ...

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