Defining a decent minimum wage is crucial

A decent living in the European Union, in which minimum wages play a key role, is essential for the recovery from the coronavirus epidemic and the creation of a fair and strong economy, the European Commission said when launching the second phase of the European minimum wage consultation on Wednesday.

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The EU Commission, in consultation with European trade unions and employers’ representatives, is looking for answers on how to ensure a fair minimum wage for all EU workers.

The Commission communication emphasized that the minimum wages negotiated, applied and kept up to date provide a financial reserve for vulnerable workers in difficult times, provide increased incentives to work and thus increase productivity.