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The amounts of statutory minimum wages in Europe 2010

Nick Hoffmann
ifo Institut für Wirtschaftsforschung, München, 2010

ifo Schnelldienst, 2010, 63, Nr. 02, 38-39

Whereas Germany only has obligatory minimum wages for several industries and occupations, 22 of the 27 EU member states have comprehensive minimum wages (status: 1 January 2010). The amount of statutory minimum wages in the European Union for a 40-hour week ranges between 122 euros a month in Bulgaria to 1,641 euros a month in Luxembourg.

JEL Classification: J300

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ifo Institut für Wirtschaftsforschung, München, 2010