Confederation rejects World Bank demand on minimum wage


The FPU trade union confederation has rejected a call from the World Bank that there should be no further increases in the minimum wage until structural reforms have been carried out. The FPU argues strongly that a decent minimum wage is a basic right for workers and shouldn't be subordinated to the demands of international creditors. The current minimum wage is 5500 UAH a month (EUR 195) and is set to rise to 5700 UAH (EUR 200). The confederation says that the minimum should be a living wage and on this basis the target should be UAH 7700 (EUR 270).

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