The prime minister announced the news on Friday morning.
"The wage agreement has been reached," Viktor Orbán announced. On Monday morning, the Prime Minister signed the three-year wage agreement in the Karmelita monastery with representatives of the employee and employer sides.
"Next year, we will increase the minimum wage by 9 percent, and in subsequent years by 13 and 14 percent, which is the most significant increase in the past period, and which means a wage increase of nearly 40 percent in 3 years. The guaranteed minimum wage will also increase by 7 percent in the following year," the prime minister summed up the agreement.
The aim is to make the minimum wage HUF 400,000 by 2028 thanks to dynamic wage increases, emphasized Viktor Orbán.
Economic growth exceeding three percent in 2025 is realistic in Hungary, the Prime Minister declared.
Viktor Orbán said that the agreement is based on the concept that the world, and Europe within it, will succeed in making 2025 a year of peace, and that the development of the economy will take place in a way that can be expected in a year of peace.
After two difficult years, they were able to agree on raising the guaranteed minimum wage by seven percent and the minimum wage by nine percent, recalled László Perlusz, Secretary General of the National Association of Entrepreneurs and Employers, after the signing of the agreement.
- We undertook a 13 percent minimum wage increase in 2026 and 2027 - he added. According to him, they went to the wall, but a good agreement was reached on wages.
Cover image: The salary agreement has been reached
Source: Facebook/Viktor Orbán
