According to experts, Trump’s rise to power will have a significant impact on the European and Hungarian economy, as well as on investments. What exactly can we expect? We will discuss this with our invited experts on December 10, at our last Portfolio Signature club event of the year.
A draft government decree according to
From January 1, 2025, the monthly amount of the minimum wage will increase to HUF 290,800, and the monthly amount of the guaranteed minimum wage will increase to HUF 348,800.
The draft government decree also includes the minimum wage and the guaranteed minimum weekly, daily and hourly wages. The rules must be applied for the first time when determining wages for the month of January 2025.
Portfolio was the first to write that in 2025 the minimum wage will increase by 9% and the guaranteed minimum wage by 7%. Sándor Czomba, State Secretary responsible for employment policy, later confirmed Portfolio’s information. On Monday of this week, the government and the employers and employees signed the three-year wage agreement.
The increase in the minimum wage will take place according to the schedule below. According to the 3-year agreement, the monthly gross amount of the mandatory minimum wage (minimum wage) is as follows:
- HUF 290,800 with a 9% increase from January 1, 2025,
- HUF 328,600 with a 13% increase from January 1, 2026,
- From January 1, 2027, HUF 374,600 with a 14% increase.
2025: will Trump bring us a new golden age or a tariff war?
According to experts, Trump’s rise to power will have a significant impact on the European and Hungarian economy, as well as on investments. What exactly can we expect? We will discuss this with our invited experts on December 10, at our last Portfolio Signature club event of the year.
The cover image is an illustration. Cover image source: Getty Images
Source: www.portfolio.hu
