BUDAPEST, Jan. 2 (Xinhua) -- The minimal wage of Hungarian workers will increase by 8 percent to 149,000 forints (528 U.S dollars) from 2019, according to official sources here on Wednesday.
"The minimum wage will increase by 8 percent in 2019," according to Minister of Finance Mihaly Varga, quoted by the official website of the Hungarian government.
The minister said that with this significant rise in minimum wages -- the same as in the past few years, a major increase in salaries in 2019 will be possible in the country which will further improve the financial situation of Hungarian families.
Varga stressed that along with pay rises, employment was also continuously rising: the number of those in employment was now above 4.5 million.
The minister also added that an increase of an additional 8 percent will follow in 2020.