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Radulovic: Employers wouldn’t want to be in situation to lay off workers

Žarko Radulović

The so-called Marshall Plan, recently announced by Finance Minister Milojko Spajic, which envisions an increase in the minimum wage from €250 to €450, an increase in the average wage from the current €530 to €700, raises concerns among businessmen that they could get in a situation to lay off employees. In an interview for Dnevne Novine, the president of the Montenegrin Tourist Association and co-owner of the Montenegro Stars hotel group, Zarko Radulovic, also warns of possible such consequences.

Radulovic believes that Spajic’s idea was to reduce the grey zone by increasing salaries, but the way to achieve that is not adequate to the time and business conditions and can force employers to take unpopular measures to survive.

“I am sure that at least €120m would flow into the budget through increased control. It seems to me that the Government has chosen a ‘therapy’ that may be good, but it is not adequate at the moment, so its patients may die”, Radulovic says.

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