December 15th, 2008

Representatives of Hungarian employers, unions reach tentative pact on wages

The representatives of employers and employees agreed on a 3-5% nationwide salary offer and a Ft 71,500 monthly minimum salary at a plenary session of the National Interest Reconciliation Council on Friday.

Liga Unions, the National Federation of Employers and Industrialists, the National Federation of Entrepreneurs and the National Federation of Workers Councils all expressed disagreement with the compromise, but indicated that they will not prevent the signing of an agreement.

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