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Initiative for Minimum Salary Regulation of the European Union - Opportunities and Challenges

Author

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  • Monika Moraliyska – Ivanova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The purpose of this article is to examine the issue connected with the European proposal to regulate minimum wages in the EU. In October 2020, the European Commission presented a draft directive on the EU minimum wage, which aims to ensure decent wages for workers. The article’s tasks are to assess the current situation with the minimum wage in the EU, the expected effects of the directive and the main challenges related to its implementation. The methodology includes comparative analysis, statistical analysis, induction and deduction. The main results include an analysis of the proposal for regulation, presentation of different approaches for defining the minimum wage, and forecasts for the effect of its implementation.

Suggested Citation

  • Monika Moraliyska – Ivanova, 2022. "Initiative for Minimum Salary Regulation of the European Union - Opportunities and Challenges," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 171-185, April.
    • Handle: RePEc:nwe:natrud:y:2022:i:1:p:171-185
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    File URL: http://unwe-research-papers.org/bg/journalissues/article/10496
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    More about this item

    Keywords

    minimum wage; regulation; directive; social Europe; European Union;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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