These countries have the highest minimum wages

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer Where should workers move to in order to earn the best minimum wage? The answer is Australia or Luxembourg, according to data from Germany’s Wirtschafts-und Sozialwissenschaftliches Institut (WSI), which compared pay in different countries on a […]

Is Eurozone preparing to abandon austerity and stagnation?

Two unrelated at first reading, but in reality very closely connected developments, materialised this week. On the one side it’s the new fall of industrial producer prices in February 2014 (deflation), while on the other, Germany surprised everybody by adopting, for the first time in its economic history, a compulsory minimum wage, expected to be […]

Renewed pressures on Berlin to adopt growth policies

Yesterday, the European Commission in Brussels announced that euro area growth prospects are sluggish, and downgraded the projected rate of GDP increase for 2014, from 1.2% to 1%. Also yesterday President Manuel Barroso, while speaking in Saint Paul’s Church in Frankfurt, where the first democratically elected Parliament of Germany was convened, called on this country […]