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Politics

Minimum Wage in Germany: Companies' reactions

04:18

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January 6, 2015

Wage dumping is forbidden - people who work full time should be able to live on what they earn. That's what the German government decided, and it introduced a statutory minimum wage of €8.50 an hour, effective as of the beginning of this year. What will happen now? Will companies pay it and raise their prices to cover the cost? Or will they resort to trickery?

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