A government-appointed commission announced that Germany would raise its minimum wage twice over the next two years. The move would give Germans the second-highest minimum wage in the EU, after Luxembourg.
A government-appointed commission announced that Germany would raise its minimum wage twice over the next two years. The move would give Germans the second-highest minimum wage in the EU, after Luxembourg.
Why do even modest improvements happen by 2027 or some other far flung date, but cuts can happen overnight?
Because lobbyists get angry and markets get nervous when you mandate a change overnight, but no one seems to care if people get nervous angry