“German Chancellor Angela Merkel has approved the country’s first minimum wage, at 8.50 euros an hour (£7; $11.75), to start in 2015. At the moment, the country is one of seven in the 28-nation EU without a minimum wage level. Germany has relied on trade unions and business groups to fix pay instead. Mrs Merkel’s conservative Christian Democrats approved the change as part of a power-sharing deal with the Social Democrats (SPD). The SPD’s labour market policy spokesperson, Katja Mast, said: ‘Labour has got its dignity back with a fair payment of 8.50 euros, whether in the East or West and with no industry exceptions.'”
http://www.bbc.com/news/business-26851906
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Chinese Millionaires Are Leaving The Country In Droves
China’s manufacturing slumps in August
To Save the King of the Jungle, a Call to Pen Him In
China to create $19B fund to support plunging stock market
The perils of overseas tax disclosure: An immigrant's story
Bloomberg On Why Bitcoin Is Now Quoted On Its Terminals
This $21,700 Land Rover Lookalike to Go on Sale in China
New sanctions against North Korea after threat of pre-emptive nuclear strike
Armed EPA raid in Alaska sheds light on 70 fed agencies with armed divisions
Saudi prince sues Forbes after it says he's only worth $20 billion
N.S.A. Says It's Purging Millions of Illegally Gathered Call and Text Records
Police corporal jailed after assaulting, illegally arresting pedestrian
Trump to courts: Stop opposing my travel ban, because here's another one
Cop who coerced woman into sex in East St. Louis only one of many public-sector criminals
Bombs kill 42 outside mosques in Lebanon's Tripoli after car bomb kills 24