Albania Hikes Salaries and Slashes Expenditures
Tirana | 09 July 2010 |
The Albanian government has approved a two to 12 per cent hike in the salaries of public employees, while cutting budgetary expenditures by an estimated 25 per cent.
The wage raise went into effect on July 1. Speaking of the budget cuts at a cabinet meeting on Thursday, Prime Minister Sali Berisha described them as a necessary evil to protect the country’s economy from the possible aftershocks of the global economic crisis.
“These cuts are necessary in order to successfully face the financial and economic fog that has settled over a large swath of the continent,” said Berisha.
Following the hike on July 1, Albania’s minimum wage jumped to 19,100 lek (140 euro). The professions that will benefit the most from the wage hike will be doctors and nurses, who will see an 11 per cent and nine per cent hike, respectively, and those receiving the minimum wage or a comparable salary, who will see a ten per cent raise.
Andere Laender im Balkan kuerzen die Verwaltungen und Gehaelter, Albanien erhoeht Selbige.