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Minimum Wage In Poland
The minimum wage in Poland is the lowest monthly or hourly remuneration that employers are legally allowed to pay their workers in Poland. The sum is decided by the Polish government. Before January 1, 2017 minimum wage did not apply to free-for-task agreements which were used to circumvent minimum wage laws resulting in wages far below the national minimum. In 2013, almost 1.5 milion workers were employed on such contracthttps://forsal.pl/praca/aktualnosci/artykuly/8748070,minimalne-wynagrodzenie-za-prace-przeszlo-w-polsce-bardzo-dluga-droge.html] On 7 July 1994 Polish złoty (PLZ) was denominated at a rate 10000:1 to new Polish złoty (PLN). The new currency was introduced on 1 January 1995, and was used concurrently with the old one until the end of 1996. See also * List of European countries by minimum wage References {{Europe topic, Minimum wage in Economy of Poland Poland ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous member state of the European Union. Warsaw is the nation's capital and largest metropolis. Other major cities include Kraków, Wrocław, Łódź, Poznań, Gdańsk, and Szczecin. Poland has a temperate transitional climate and its territory traverses the Central European Plain, extending from Baltic Sea in the north to Sudeten and Carpathian Mountains in the south. The longest Polish river is the Vistula, and Poland's highest point is Mount Rysy, situated in the Tatra mountain range of the Carpathians. The country is bordered by Lithuania and Russia to the northeast, Belarus and Ukraine to the east, Slovakia and the Czech Republic to the south, and Germany to the west. It also shares maritime boundaries with Denmark and Sweden. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polish Government
The Government of Poland takes the form of a Unitary state, unitary Parliamentary republic, parliamentary Representative democracy, representative democratic republic, whereby the President of Poland, President is the head of state and the Prime Minister of Poland, Prime Minister is the head of government. However, its form of government has also been identified as Semi-presidential system, semi-presidential. Executive power is exercised, within the framework of a multi-party system, by the President of Poland, President and the Government, which consists of the Cabinet of Poland, Council of Ministers led by the Prime Minister of the Republic of Poland, Prime Minister. Its members are typically chosen from the majority party or coalition, in the lower house of parliament (the ''Sejm''), although exceptions to this rule are not uncommon. The government is formally announced by the President, and must pass a motion of confidence in the ''Sejm'' within two weeks. Legislative power i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polish Złoty
The złoty (; abbreviation: zł; code: PLN) is the official currency and legal tender of Poland. It is subdivided into 100 grosz (''gr'').Singular: ''grosz'', alternative plural forms: ''groszy'', ''grosze''. The widely recognised English form of the currency name is the Polish zloty. It is the most traded currency in Central and Eastern Europe and ranks 22nd most-traded in the foreign exchange market. The word złoty is a masculine form of the Polish adjective 'golden', which closely relates with its name to the guilder whereas the grosz subunit was based on the groschen, cognate to the English word groat. It was officially introduced to replace its predecessor, the Polish mark, on 28 February 1919 and began circulation in 1924. The only body permitted to manufacture or mint złoty coins is Mennica Polska, founded in Warsaw on 10 February 1766. As a result of inflation in the early 1990s, the currency underwent redenomination. Thus, on 1 January 1995, 10,000 old złoty (PLZ) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Year-over-year
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Polish Złoty
The złoty (; abbreviation: zł; code: PLN) is the official currency and legal tender of Poland. It is subdivided into 100 grosz (''gr'').Singular: ''grosz'', alternative plural forms: ''groszy'', ''grosze''. The widely recognised English form of the currency name is the Polish zloty. It is the most traded currency in Central and Eastern Europe and ranks 22nd most-traded in the foreign exchange market. The word złoty is a masculine form of the Polish adjective 'golden', which closely relates with its name to the guilder whereas the grosz subunit was based on the groschen, cognate to the English word groat. It was officially introduced to replace its predecessor, the Polish mark, on 28 February 1919 and began circulation in 1924. The only body permitted to manufacture or mint złoty coins is Mennica Polska, founded in Warsaw on 10 February 1766. As a result of inflation in the early 1990s, the currency underwent redenomination. Thus, on 1 January 1995, 10,000 old złoty (PLZ) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of European Countries By Minimum Wage
The following list provides information relating to the minimum wages (gross) of countries in Europe. The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), San Marino (37.5 hours), Belgium (38 hours), United Kingdom (38 hours), Ireland (39 hours) and Monaco (39 hours). Most minimum wages are fixed at a monthly rate, but some countries set their minimum wage at an hourly rate or annual rate. Minimum wages by country Net income The map below shows monthly adult minimum (after tax, social charges & deductions) income; some countries have a lower rate for under-25-year-olds. Countries marked on the map in dark red do not have a minimum wage. Gross income The map below shows monthly (before tax, social charges & deductions) minimum adult income; some countries have a lower rate for under-25-year-olds. Countries marked o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Poland
The economy of Poland is an industrialized, mixed economy with a developed market that serves as the sixth-largest in the European Union by nominal GDP and fifth-largest by GDP (PPP). Poland boasts extensive public services characteristic of most developed economies. Since 1988, Poland has pursued a policy of economic liberalization but it retained an advanced public welfare system. This includes universal free public healthcare and education (including tertiary), extensive provisions of free public childcare and parental leave provisions. The country is considered by many to be a successful post-communist state. It is classified as a high-income economy by the World Bank, ranking 23th worldwide in terms of GDP (PPP), 22nd in terms of GDP (nominal), and 23th in the 2018 Economic Complexity Index. The largest component of its economy is the service sector (62.3.%), followed by industry (34.2%) and agriculture (3.5%). With the economic reform of 1989, the Polish external de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
