Wages and Prices
The government influences prices through the large state-owned sector. According to the Ministry of Economy, the state regulates the prices of goods and services provided by monopolies and the prices of electric or thermal energy, land, medical services, and services offered by local tax regions. Moldova has two legal monthly minimum wages: one wage for state employees and another, higher wage for the private sector.
In 2010, the average monthly salary in the private sector was 3211 lei (equivalent of 272.11 U.S. dollars), up by 8.4% against 2009.
Read more about this topic: Economy Of Moldova
Famous quotes related to wages and prices:
“The more I see of democracy the more I dislike it. It just brings everything down to the mere vulgar level of wages and prices, electric light and water closets, and nothing else.”
—D.H. (David Herbert)