Minimum wage to exceed, 500.

The government is ready to continue in negotiations over the minimum wage increase in the future.For the first time in Slovakia's history, the minimum wage is set to exceed euro500. It will increase from the current euro480 to euro520 next year, according to the regulation signed by Prime Minister Peter Pellegrini (Smer) on November 5.

"With this step, we will continue the dynamic increase in the minimum wage, with the aim of raising it so that it will amount to at least 60 percent of the average wage of the national economy," said Pellegrini, as quoted by the TASR...