Orban Plans Double-Digit Minimum Wage Hike in Pre-Election Boost

Hungary will raise minimum wages by a double digit margin next year as Prime Minister Viktor Orban’s government struggles to give momentum to a stagnant economy before elections next year.

Minimum wages will rise 11% next year, after this year’s 9% hike, Orban said on Thursday after agreeing with employers and labor unions. The raise is less than the 13% increase penciled in earlier, which employers asked to renegotiate after Hungary’s disappointing economic growth this year.

Orban had predicted a “flying start” in 2025 after years of stagnation, only to see gross domestic product barely grow. GDP posted a ...