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Wednesday, April 8, 2026

Germany Plans to Raise Minimum Wage to 12 Euros per Hour - Bloomberg

Germany’s ruling coalition on Wednesday approved a draft law to raise the minimum wage to 12 euros an hour ($13.6) from October. That’s about 60% of the country’s median wage, a benchmark recommended by European labor unions. The increase was part of the three-way coalition pact between Chancellor Olaf Scholz’s Social Democrats, the Greens and the business-friendly Free Democrats.

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Read Full Story: https://www.bloomberg.com/news/articles/2022-02-23/germany-plans-to-raise-min...