How the Greek rescue failed

[Sheilbh]

Yeah.  I think many Euro countries do a statutory minimum per month for full time workers rather than an hourly rate.

So what happens with part time workers?

I don't know

I've found an EU briefing paper on it that lists the countries by system (Spain and Greece are monthly or daily rate) but I've no idea how they cover part-time workers.  Presumably as fraction of the working day/month?

[Scipio]

Read Yanis Varoufakis's blog.

[Ideologue]

If I can afford either I will

Just borrow the money and spend it. That's the way out of this economic crisis!

The irony being that it is?

[The Larch]

Yeah.  I think many Euro countries do a statutory minimum per month for full time workers rather than an hourly rate.

So what happens with part time workers?

I don't know

I've found an EU briefing paper on it that lists the countries by system (Spain and Greece are monthly or daily rate) but I've no idea how they cover part-time workers.  Presumably as fraction of the working day/month?

It's like that, the proportional part if they're not full time workers.

There's little point with it, as barely anyone makes minimum wage. You can't live with that.

[Richard Hakluyt]

Yes. If you take the UK minimum wage and assume a 40-hour week then it comes to 1300 euros, which actually helped some people and didn't seem to have much effect on unemployment.