Csaba on the Effects of the Minimum Wage Raise on Companies

http://www.vg.hu/gazdasag/gazdasagpolitika/a-beremeles-onmagaban-nem-lesz-eleg-484787 - Hungarian news portal vg.hu reports: Csaba Laszlo, professor at CEU's Department of International Relations and European Studies gave expert commentary in an article about how the rise of the minimum wage level affects companies. According to Csaba, as every measure, this has both positive and negative effects. While state-owned companies will be able to narrow the gap compared to their privately-owned counterparts, the raise was not connected to any measures of productivity.