The German government has decided to increase the minimum wage from 12.82 euros per hour to 14.60 euros by the year 2027.

Approximately six million workers will benefit from this measure, which was recommended by an independent commission. However, the Social Democratic Party (SPD), part of the governing coalition, wanted a higher increase, to 15 euros per hour. The minimum wage in Germany is now the fourth highest in the European Union, after Luxembourg, Ireland, and the Netherlands.