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No plans for EU minimum wage

There will be no EU minimum wage either in Hungary or in any other member state for at least a while, Hungary's European commissioner for employment, social affairs and inclusion László Andor told the business daily Világgazdaság on Friday.

Andor said that wage policy belongs to competence of member states and that the EU has no authority on the matter.

Andor admitted though that the issue of introducing a minimum wage at the EU level is often raised. The Belgian EU presidency – which will replace the current Spanish presidency in July – has included in its program the objective of promoting the introduction of a minimum wage in all member states. Currently, there is a minimum wage in twenty out of the twenty-seven member states, the newspaper noted. (MTI-ECONEWS)