Germans? purchasing power three times over Hungarian rate
Thursday, June 2, 2005, 13:45
The UK boasts the highest salaries in the European Union, according to a Eurostat survey, Napi Gazdaság reported. At the lower end of the list are the three Baltic states, with Hungary ranking fifth from the bottom between Slovakia and the Czech Republic. Britons earned Euro 36,180 per year, and were followed in the list by Luxembourg, Germany, Ireland, Sweden and the Netherlands. Ecostat also listed countries by purchasing power, which resulted in an entirely different ranking with Luxembourg, Germany and the UK listed first, second and third, respectively. In respect of purchasing power, Hungary also lags behind, ranked fourth behind the Slovaks, Poles and Czechs. In general, salaries in the EU are the highest in the financial services sector, and men earn more than women in every single country.