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Eurostat: Minimum Wages up in EU Except Greece in 2015

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Greece is the only EU member-state where its nominal gross minimum wage fell in 2015 compared with 2008, to 684 euros from 794 euros, a decline of 14%, Eurostat said on Thursday.
In a report on minimum wages in the European Union, Eurostat said that a total of 22 member-states had national minimum wages in January 2015. These ranged from 184 euros per month in Bulgaria to 1,923 euros in Luxembourg. However, when adjusted for differences in purchasing power, the disparities between member-states are reduced from a ratio of 1 to 10 in euro to a ratio of 1 to 4 in purchasing power standards (PPS).
The 22 EU member-states that have national minimum wages can be divided into three main groups based on the level in euro. In January 2015, ten had minimum wages below 500 euros per month: Bulgaria (184), Romania (218), Lithuania (300), the Czech Republic (332), Hungary (333), Latvia (360), Slovakia (380), Estonia (390), Croatia (396) and Poland (410). In five other member states, minimum wages were between 500 and 1,000 per month: Portugal (589), Greece (684), Malta (720), Spain (757) and Slovenia (791).
In the remaining seven member-states, minimum wage was well above 1,000 per month: the United Kingdom (1,379), France (1,458), Ireland (1,462), Germany (1,473), Belgium and the Netherlands (both 1,502) and Luxembourg (1,923). For comparison, the federal minimum wage in the United States was just over 1,000 per month (1,035) in January 2015.
Compared with 2008, minimum wages in 2015, expressed in national currency5, increased in every member state having a national minimum wage, except Greece where they dropped by 14% and Ireland where they remained unchanged. The highest increases between 2008 and 2015 were registered in Romania (+95%), Bulgaria (+64%), Slovakia (+58%) and Latvia (+57%).
(source: ana-mpa)

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