Brussels calls on Germany to raise wages – Le Parisien

Brussels calls on Germany to raise wages – Le Parisien

<- Hard dé e: 0.014790058135986 sec -> Angela Merkel she will be more receptive to the recommendations of Europe as those of François Hollande? While last week, German Chancellor was moderately appreciated the recommendations of the President of the French Republic, Brussels believes that Saturday “indispensable” higher wages in Germany for the country to help its European neighbors behind.
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“It would be very important for Germany multiplies public investment, stimulates demand and reduce its excessive trade surpluses, which are hurting its European neighbors. For this purpose, a change in the wage policy is essential from the point of view of the commission, “ventured to explain the European Commissioner for Employment and Social Affairs, Laszlo Andor, in an interview with German daily . Die Welt

A proportional increase in productivity

Hungarian insisting: “Rising wages remained down compared to the evolution of productivity “for over ten years in Germany. Thus, “it would be better if wages grow in line with productivity.”

Germany has pursued a policy of low wages for years, a key factor in the competitiveness of its companies. What is the country to be often cited as an example of good economic health by liberal parties. But lately, the head of the Bundesbank, Jens Weidmann, said that wages had a margin of 3% increase in a country that is, in places, “almost in a state of full employment.”

The idea has gained ground among some Europeans that a boost to German wages would benefit all, correcting the difference in competitiveness and boosting the purchasing power of households in the largest market in the area. The rhetoric has some supporters in Germany as well, especially among social democrats, the source of the law establishing a minimum wage of 8.50 euros gross per hour (in France it is currently € 9.53) and due to come into force on 1 January 2015.

France is customary call foot in that direction. Only recently, Francois Hollande saw the beginning of a solution to the risk of inflation. But Angela Merkel made it clear she did not like the lesson.