Germany considers national minimum wage

November 26, 2013

WBEZ

(A.P./Markus Schreiber)
German Chancellor Angela Merkel delivers a speech as she attends a so called 'Leaders Meeting' of German Newspaper 'Sueddeutsche Zeitung' in Berlin, Thursday, Nov. 21, 2013. Merkel says she is prepared to accept demands for a national minimum wage in order to forge a coalition that would give her a third term in office.

Germany doesn't have a national minimum wage but it looks likely this is going to change. We'll find out how this could impact the German job market and European economy.