It is proposed to introduce a minimum wage in Europe

It is proposed to introduce a minimum wage in Europe

FINANCE

2020-09-17 11:15:00

European Commission leader Ursula von der Leyen has proposed introducing a minimum salary within the EU, as many do now not have sufficient method of subsistence, writes signal-means-profits.com. The lowest salary in European international locations in 6th month this yr is between 312 euros per month in Bulgaria to 2142 euros in Luxembourg. In addition, von der Leyen offered a plan to reduce greenhouse gasoline emissions in the EU with the aid of at least fifty five percent by using 2030 (in comparison to 1990 degrees). She additionally known as for extra investment in generation so that Europe can compete greater actively with China and the US.

The EU economic system shrank through a record 14.4 percentage yr-on-yr within the 2d area of 2020. In mid-summer season, EU leaders agreed on a rescue plan for 750 billion euros. Most of this money (500 billion) can be used for non-refundable grants for the EU countries maximum tormented by the pandemic.

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