Prime Minister Viktor Orbán said that with the wage agreement reached this week, the government can influence not only the minimum wage, which has an impact on the increase in the income of the lowest earners but also wages above it.
In an interview with public radio on Friday, the prime minister said our experience is that an increase in the minimum wage pushes up all other wages as well.
PM Orbán noted that the current wage increase is so large that during the combined three years it amounts to a 40 percent increase, which is not only unprecedented in the history of Hungary, but a wage increase of this magnitude has only occurred once in Europe.