According to data published this Friday by Eurostat, the minimum wage in EU member states ranged from 399 euros per month in Bulgaria to 2,508 euros per month in Luxembourg in July this year.
Portugal (€760) is one of the 14 countries in the European Union with a minimum wage below €1,000, according to the EU’s official statistics office, which published a survey of the current minimum wage.
As of 1 July 2023, 22 of the 27 EU Member States have a national minimum wage, including Cyprus (as of 1 January 2023), while Denmark, Italy, Austria, Finland and Sweden have no minimum wage.
Eurostat points out that “the monthly minimum wage varies greatly between Member States, from €399 in Bulgaria to €2,508 in Luxembourg.”
Among the nine candidate countries and potential candidates, seven had national minimum wages (Montenegro, North Macedonia, Albania, Serbia, Turkey, Ukraine, and Moldova), which was not the case in Bosnia or Kosovo.
Based on the level of the national gross minimum wage in July, Eurostat included Portugal in a group with a national minimum wage of less than 1,000 euros per month, which also includes Cyprus, Greece, Lithuania, Malta, Poland, Czech Republic, Estonia, Slovakia, Croatia, Hungary, Latvia, Romania and Bulgaria.
The national minimum wage was €1,203 in Slovenia and €1,260 in Spain.
While Luxembourg, Germany, Holland, Belgium, Ireland and France are in the group with national minimum wages above €1,500 per month, ranging from €1,747 in France to €2,508 in Luxembourg.
According to Eurostat, the average annual growth rate between July 2013 and July 2023 was highest in Romania (+12.9%), followed by Lithuania (+11.2%), Bulgaria (+9.7%) and the Czech Republic (+9.0%), while the lowest among EU Member States were registered in Malta (+1.7%) and France (+2.0%).
Author: Portuguese
Source: CM Jornal
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