Belgian labor costs are rising faster than in neighboring countries. This is clear from the statistics agency Eurostat's figures.
Why is this important?
With turmoil over the industrial future of companies such as Van Hool and Audi Brussels, the question once again arises as to whether wage costs in Belgium are not too high.In perspective: Within the EU, labor costs vary widely, from €9.3 per hour in Bulgaria to €53.9 in Luxembourg.
- Belgium ranks third in the European Union, after Luxembourg and Denmark. Wage costs are also high in non-EU countries such as Iceland and Norway.
- It comes right after Belgium according to our three most important trading partners, the Netherlands, France and Germany. These three countries are also the reference countries for wage cost development for social partners and the government.
- When i
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