Four years have passed already since an informal gathering of European leaders in the Swedish city of Gothenburg proclaimed the “European Pillar of Social Rights”. Some, including leaders of the host country of the 2017 conference, still believe that the EU itself does not need to do much for its actual implementation. The notion that […]
Minimum wages
Wage settlement in the Nordic countries is based on sensitive compromises and negotiations between employers and employees with very little intervention from politicians.
A few months ago, the new European Commission boldly announced its plans to deliver an EU minimum wage legal measure within its first 100 days in office. The COVID-19 crisis is likely to affect not only the schedule of this high-profile initiative, but the very political appetite for it.
If a consensus could be found on bailing out indebted countries and extend the intervention scope the ECB, why not on tackling poverty through minimum wages?
Impossible just a few years ago, the search for an adequate EU role on incomes is linked to the effort to correct the economic governance mechanism and make the EPSR real