Spain, Greece and Bulgaria top minimum wage increases

Europe

The Eurofound research agency has published a short analysis of recent minimum wage increases ahead of its more detailed annual report. The largest increases were recorded in Spain (+22% to €1,050), Greece (+11% to €758, 14 payments of EUR 650) and Bulgaria (+10% to €261). However, in Greece, it represents only the first increase since 2012 when the rate was slashed as part of austerity measures. Lithuanian workers saw a rise of 7.5% but with changes to taxation the take home pay of those on the minimum wage has risen by 39% (to €555).

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