Tags: APFN | EU | Portugal | Minimum Wage

Portugal's Government Increases Minimum Wage

Thursday, 20 December 2018 10:39 AM

LISBON, Portugal (AP) — Portugal's Socialist government has approved an increase in the country's minimum wage to 600 euros a month ($687) from Jan. 1.

The Cabinet passed the proposal Thursday, saying in a statement that the measure would cover more than 750,000 workers.

When the center-left government came to power in 2015, the minimum wage was 505 euros a month. It has increased the amount each year, and it currently stands at 580 euros — the lowest in western Europe. In the European Union, only eastern European countries have lower minimum wages than Portugal.

The government, which faces a general election next October, also granted an extra 10 euros a month to pensioners.

Portugal's is one of the 19-country eurozone's smallest economies.

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Portugal's Socialist government has approved an increase in the country's minimum wage to 600 euros a month ($687) from Jan. 1.The Cabinet passed the proposal Thursday, saying in a statement that the measure would cover more than 750,000 workers.When the center-left...
APFN,EU,Portugal,Minimum Wage
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2018-39-20
Thursday, 20 December 2018 10:39 AM
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