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Germany to introduce national minimum wage: Angela Merkel

Germany is set to introduce a national minimum wage, conservative Chancellor Angela Merkel said on Thursday, relenting on a key demand of her likely future centre-left governing partners.



Berlin: Germany is set to introduce a national minimum wage, conservative Chancellor Angela Merkel said on Thursday, relenting on a key demand of her likely future centre-left governing partners.

"The Social Democrats will not conclude negotiations without a universal legal minimum wage," she said about ongoing talks to form a `grand coalition` government.

She stressed that her Christian Democratic Union (CDU) had opposed such a move and added that she and her party would "try everything to prevent the loss of jobs through this measure".

Merkel won September 22 elections but fell narrowly short of a governing majority, forcing her CDU and its Bavarian partners the CSU to enter into coalition talks with the Social Democratic Party (SPD).

In the talks, SPD chief Sigmar Gabriel, Merkel`s likely future vice chancellor, has insisted on a minimum wage of at least 8.50 euros (USD 11.40) to help a growing army of working poor.

The SPD has promised to put any coalition deal up for a vote to its sceptical party base.

Merkel`s party favours separate pay deals by industrial sector and region, arguing that a national minimum wage would destroy jobs.

From Zee News

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