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Budget Cost of Living and Wages Measures
The government has unveiled cost of living and wages measures as part of this year's budget, confirming no new household taxes while keeping energy subsidies at over €392 million.
The government announced a series of cost of living and wages measures as part of this year's budget, confirming that no new taxes will be introduced for households.
Energy subsidies will remain substantial, reaching €392 million this year and rising to approximately €400 million next year.
The cost of living adjustment (COLA) has been set at €6.41 per week. The minimum wage will rise by €10.41 a week, a figure that includes the COLA adjustment.
The additional COLA mechanism, which provides supplementary financial relief on top of the standard adjustment, will also continue into the coming year.
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