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Fico: Increasing Minimum Wage is a Duty, Aims for 1000 Euros
๐Ÿ‡ธ๐Ÿ‡ฐ Slovakia /Economy & Trade

Fico: Increasing Minimum Wage is a Duty, Aims for 1000 Euros

From SME · (1h ago) Slovak

Translated from Slovak, summarized and contextualized by DistantNews.

TLDR

  • Slovak Prime Minister Robert Fico stated that increasing the minimum wage is a necessity, emphasizing its impact on higher pay for night and holiday work.
  • Fico aims for the minimum wage to reach 1000 euros as soon as possible, with a target of 915 euros set for 2026.
  • He also expressed support for a four-day work week but stressed the need for a European-level agreement.

Slovak Prime Minister Robert Fico has reaffirmed his government's commitment to raising the minimum wage, framing it as a fundamental obligation. Speaking during a visit to a bakery in Bรกnovce nad Bebravou, Fico highlighted that an increase in the minimum wage directly translates to higher compensation for night shifts and public holidays, acknowledging the demanding nature of such work in Slovakia.

It is our duty to continue pushing for an increase in the minimum wage.

โ€” Robert FicoStating the government's commitment to raising the minimum wage.

"We insist on a decisive increase in the minimum wage," Fico declared, linking it directly to improved benefits for workers undertaking less conventional hours. He noted that the minimum wage in Slovakia is intended to represent 60 percent of the average national wage. The Prime Minister also set an ambitious target, stating, "We want to reach the 1000 euro mark as quickly as possible," while acknowledging the current official minimum wage for 2026 is set at 915 euros.

We insist on a decisive increase in the minimum wage. I am talking about the minimum wage because an increase in the minimum wage also means an increase in supplements for night work, for work during public holidays.

โ€” Robert FicoExplaining the rationale behind pushing for a higher minimum wage.

Beyond wage policy, Fico also touched upon the concept of a four-day work week. While expressing his personal support for the idea, he underscored the necessity for such a significant shift in working patterns to be implemented on a pan-European level. This suggests a cautious approach, prioritizing harmonization across the EU to ensure fair competition and avoid potential economic disruptions for Slovakia.

We want to reach the 1000 euro mark as quickly as possible.

โ€” Robert FicoSetting an ambitious target for the minimum wage.
DistantNews Editorial

Originally published by SME in Slovak. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.