VUCIC: Average salary EUR 445 in December, EUR 465 in March

Serbian President Aleksandar Vucic stated yesterday that the average salary was expected to be EUR 445 in December and EUR 460-465 in March.

Vucic said on TV Pink that the average salary had been EUR 331 seven years before, whereas, in October 2018, it had been EUR 423.

As he said, the average salary in December should be EUR 445, which is around 30-31% more than seven years ago, Tanjug reports.

– In March, we expect a growth of 8.6% due to the raising of salaries in the public sector and the minimum wage, that is, salaries should be at 460 or 465 euros, which is an increase of 35 to 36% – Vucic said.

He said that the minimum wage had been EUR 161 in 2011 and that it was EUR 228 at the moment. The president added that the state would look to raise the minimum wage to EUR 250 in 2018 and then to EUR 300 afterwards.

He thanked trade unions for their support and added that the president of the Confederation of Autonomous Trade Unions of Serbia, Ljubisav Orbovic, had understood the state's intention.

Vucic also said that the pensions had been raised to an average of EUR 227 and that they needed to be raised further.

He said that he was grateful to the Chinese and the French for taking over RTB Bor and the Nikola Tesla Airport and to others who invested in Serbia.

Savez samostalnih sindikata Srbije Beograd

Serbia Zijin Copper doo Bor

A.D. Aerodrom Nikola Tesla Beograd

Confederation of Autonomous Trade Unions of Serbia

Ljubisav Orbovic

Aleksandar Vucic

average salary in Serbia

fiscal consolidation

minimum wage