National minimum wage adopted by German Cabinet: government source

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AFP

BERLIN — The German cabinet Wednesday adopted draft legislation establishing a fixed national minimum wage of 8.50 euros (US$11.70) to be phased in from 2015 and fully in place from 2017.

“It’s done,” a government source told AFP following a cabinet meeting. A fixed minimum wage was the carrot which conservative Chancellor Angela Merkel dangled in front of center-left Social Democrats (SPD) to woo them into a coalition that won her a third term in power.