BERLIN, June 26 (Reuters) – A government-appointed commission on Monday proposed raising the minimum wage in Germany to 12.41 euros ($13.53) per hour from next year and to 12.82 euros from January 2025.
Raising the German minimum wage, which increased to 12 euros per hour in October, was one of the key election promises of Chancellor Olaf Scholz and his Social Democrats.
Since then, stubbornly high inflation and interest rate hikes by the European Central Bank have significantly dampened purchasing power in Europe’s biggest economy.
($1 = 0.9173 euros)
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Morning Briefing
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Two local analysts have cautioned that any attempt by EU Member States to block or restrict the passporting of crypto-asset service providers (CASPs) authorised under the Markets in...
Marina Grech, Partner, Ganado Advocates
As a Partner within Ganado Advocates’ investment services and funds department, Marina Grech has built a career advising clients across Malta’s...
Focal Logistics Group has been awarded ISO 9001:2015 certification, marking an important milestone following the recent consolidation of the group and reaffirming its commitment to consi...
Malta Public Transport will hold the ninth edition of Tallinja għal L-istrina on Saturday, 20 December 2025, once again supporting L-istrina through its long-standing collaboration with ...
Iran reopened its airspace after a near-five-hour closure amid concerns about possible military action between the U.S. and Iran that forced airlines to cancel, reroute or delay some fli...
Despite Iran's nationwide protests and years of external pressure, there are as yet no signs of fracture in the Islamic Republic's security elite that could bring an end to one of the wo...
Venezuela transported gold worth almost 4.14 billion Swiss francs ($5.20 billion) to Switzerland during the early years of the leadership of ousted President Nicolas Maduro, customs data...
More than a dozen journalists were detained on Monday while covering political events in Venezuela’s capital Caracas, including a pro-government march and the swearing-in of a new legisl...
2025 was the deadliest year for civilians in Ukraine since 2022, according to the United Nations (UN).
Conflict-related violence killed at least 2,514 civilians last year, the UN's Hu...
Russian forces launched the year’s most intense wave of missile attacks on Ukraine’s two largest cities early on Tuesday, Ukrainian officials and media said, killing four people in the n...
