Minimum wage debate - total metal against politically forced 15 euros - "serious economic damage and rising prices"

Higher wages? Sounds good! But the actual consequences of an increase in the minimum wage are likely to be inflation and job cuts – and thus loss of wealth, predicts economist Daniel Stelter. With the debate, German politics distracts from their failure in a much more important task.

A minimum wage of 15 euros creates tensions. Employers warn of an increase in undeclared work and business tasks. Economists also predict positive effects.

In the dispute over the future level of the minimum wage, an employers' association has positioned itself with drastic words against a politically fixed increase to 15 euros. The SPD is working on a single wage.

In the debate on the minimum wage, the employers' association Gesamtmetall opposes a policy-determined increase to EUR 15 per hour.

What would a minimum wage of 15 euros mean for the economy? According to the employers' association Gesamtmetall, serious economic damage is imminent. A leading economist contradicts.

The SPD wants to raise the minimum wage to 15 euros, warn the CDU and the economy, because with every increase, consumer prices also go up massively.