
Closing the Chasm: Central and Eastern Europe’s Continued Minimum Wage Climb
Minimum wages in Central and Eastern Europe continue to rise.
Minimum wages in Central and Eastern Europe continue to rise.
After years of being sidelined in the European policy debate as labour markets recovered in the wake of the Great Recession, inequality is back on the agenda.
Minimum wages have risen across Europe this year. Inflation is eroding them.
The number of minimum-wage earners has increased across Europe over the last decade—and they are more likely to be women.
Convergence of central and eastern-European EU members towards older ones with high minimum wages is much stronger than in the Mediterranean countries.
Raising wage floors is one way to reduce inequality and stimulate recovery in Europe. A big uplift in the Spanish minimum wage this year provides a test bed.
Wages grew and wage inequality fell in most EU countries in 2015. Germany is not one of the countries where wages rose most but it
The Great Recession depressed real income levels across European countries. But the impact was very unequal across countries and income groups. Countries in the European
EU-wide income inequality declined notably prior to 2008, driven by a strong process of income convergence between European countries. The Great Recession broke this trend.