WSI: In 18 from 27 EU countries threaten 2011 real wages
In two out of three EU countries the workers are threatening this year in real wages. In the European Union average wages per worker therefore 2011 expected to decrease after deducting inflation to 0,8 percent. In Germany the development 2011 should indeed be more positive than most neighbors. However, only a stagnation of wages is foreseeable again after deduction of this year relatively high inflation. This shows the new European collective report of the Economic and Social Research Institute (WSI) in the Hans Böckler Foundation. In Europe, therefore, the development of wages "are hardly any positive impetus to overcome the structural economic problems and initiate a sustainable growth strategy" went writes WSI collective expert Dr. Thorsten Schulten in the new edition of the WSI.