Increase in minimum wage

Latvia
The monthly minimum wage in Latvia increases to 128 euros this month. This puts it at 36% of average pay as at June 2005. However, rapidly rising earnings levels means that the minimum wage is likely to fall to only 30% of average earnings by June 2006. The report from the EIRO industrial relations observatory reveals that the minimum wage is lower now in proportion to average earnings than it was 10 years ago. [Read more at > EIRO->http://www.eiro.eurofound.eu.int/2005/12/inbrief/lv0512101n.html]

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