Some 1.6 billion leva (€ 818 million) will be needed in the 2025 budget to support wage growth, according to calculations of the Confederation of Independent Trade Unions (CITUB) presented at a news conference. CITUB's proposal for the 2025 budget calls for a minimum 10% wage increase and a horizontal income policy, with raises based on individual performance. CITUB suggests introducing a tax-free minimum income for natural persons, set at the minimum wage for the relevant year. The trade union also advocates for raising dividend tax rates to at least 10% and introducing a financial transaction tax, a digital tax, and a "junk food" tax targeting potato chips, vapes, and energy drinks, among others. Another recommendation is an excess profits tax aligned with EU legislation.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.