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The average salary in Croatia will reach 1,600 euros

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Oct 16, 2024 08:01 163

The average salary in Croatia will reach 1,600 euros  - 1

Croatian Prime Minister Andrej Plenkovic said today in the parliament that by the end of his government's mandate, the average net salary will rise to 1,600 euros, and by New year, the minimum net salary will rise to 970 euros, reported the Croatian agency HINA, quoted by BTA.

Wages, pensions and affordable housing are the government's priorities for the next four years, Plenkovic said, presenting his State of the Nation report.

„Today, at a meeting of the interior cabinet, we decided that the gross minimum wage from January 1 should amount to 970 euros, an increase of 130 euros,” Plenkovic said, adding that in this way the government will help people with the most -low income.

There are 100,000 people in Croatia who earn the minimum wage and the government's decision aims to make their income more decent, he said. The Croatian prime minister also announced plans to change the pension indexation formula to a ratio of 85:15, reflecting a more favorable index between the consumer price index and the nominal average gross monthly wage index.

He said that the government also plans additional measures in favor of families and families with children. The years of service of mothers will be increased by 6 to 12 months for each child born or adopted, and an annual bonus will also be introduced, Plenković said. From January 1, one-time bonuses for a newborn child will be increased by 100% from 309 to 618 euros, he said.