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European labour cost study adds fuel to French campaign | EurActiv

A Eurostat survey revealing huge labour cost differences across the 27 EU member states unveiled yesterday (24 April) has provided fuel for the French election campaign, where the two contenders are battling over plans for a "social VAT" to protect French producers against social dumping.

Hourly labour costs for 2011 range from €3.5 in Bulgaria to €39.3 in Belgium, the highest in the European Union, and just ahead of Sweden (€39.1), the Eurostat figures show.

The average hourly labour cost for the eurozone is of €27.6, higher than the EU-27 average (€23.1).

Other EU countries with cheaper labour costs include Romania (€4.2), Lithuania (€5.5), Latvia (€5.9), Poland (€7.1), Hungary (€7.6), Estonia (€8.1), Slovakia (€8.4), the Czech Republic (€10.5).

In Germany, the hourly labour cost is €30.1 compared to France's €34.2.

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Apr 25th, 2012 at 03:39:36 PM EST
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