"They took out their tissues and are crying": the government announced how much it would raise the minimum wage next year.

The Permanent Consultation Forum of the Competitive Sector and the Government proposed a 7.5% minimum wage increase and a 6.5% rise in the guaranteed minimum wage. Employers previously suggested a 4% increase, while unions advocated for 14%. The new minimum wage would be approximately HUF 370,000 gross, and the guaranteed minimum wage would be HUF 340,000 gross. Union leader Székely Tamás stated that the proposal is acceptable but cautioned against expecting double-digit increases by 2027, given current economic conditions. He noted that the wage increase, combined with a planned reduction in personal income tax, could lead to significant net gains for low-income earners. He remarked that employers are now expressing their discontent.