October 28
Minimum Wage
Wages can be regulated more realistically through collective bargaining agreements than through an abstract minimum wage. Certainly, laws protecting workers are important, but what really matters in the end is the relationship between supply and demand. If the law sets a wage of 100 euros for picking tomatoes, but then an immigrant from outside the EU is willing to do the job for 10, the employer will inevitably hire the latter.
In reality, all poverty wages are always illegal: they do not comply with the rules.