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
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“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)
“These, in the day when heaven was falling,
The hour when earth’s foundations fled,
Followed their mercenary calling
And took their wages and are dead.”
—A.E. (Alfred Edward)
“I thought a minute, and says to myself, hold on,—s’pose you’d a done right and give Jim up; would you felt better than what you do now? No, says I, I’d feel bad—I’d feel just the same way I do now. Well, then, says I, what’s the use you learning to do right, when it’s troublesome to do right and ain’t no trouble to do wrong, and the wages is just the same?”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“The earth only has so much bounty to offer and inventing ever larger and more notional prices for that bounty does not change its real value.”
—Ben Elton (b. 1959)