BERLIN (Reuters) -Germany is set to gradually raise its hourly minimum wage to 14.60 euros ($17.11) by 2027 from its current level of 12.82 euros, according to proposals from a government-appointed
Germany Plans to Increase Minimum Wage to 14.60 Euros by 2027
BERLIN (Reuters) -Germany is set to gradually raise its hourly minimum wage to 14.60 euros ($17.11) by 2027 from its current level of 12.82 euros, according to proposals from a government-appointed commission released on Friday.
Initially, the minimum wage is to rise to 13.90 euros at the beginning of 2026.
The proposal of the commission, a body comprising employers and trade union representatives, must be implemented by the labour ministry.
Under the changes, the euro zone's largest economy would see workers typically earn close to 2,500 euros a month from 2024.
The country would then have the second-highest minimum wage in the European Union behind Luxembourg, which mandates a monthly minimum of 2,638 euros, Eurostat data from 2025 show.
Three other EU countries have a national minimum wage above 2,000 euros per month - Belgium, the Netherlands and Ireland.
($1 = 0.8535 euros)
(Reporting by Holger Hansen and Maria Martinez, editing by Friederike Heine and Thomas Seythal)
