“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
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