PM Orban: "Minimum Wage to Near Half the Average Salary in Historic Agreement" + Video

PM Viktor Orban announced a three-year wage agreement that includes a 7% increase in the guaranteed minimum wage and a 9% increase in the minimum wage, with further increases planned for 2026 and 2027. The agreement aims to enhance purchasing power and is seen as a response to economic hardships exacerbated by wartime circumstances. Key figures emphasized the importance of national commitment and the need for improvements in efficiency and productivity to support the wage hikes. The government anticipates significant investments and aims for the minimum wage to reach around 400,000 forints by 2028.