Brussels, 27/04/2012 (Agence Europe) - There are huge differences in labour costs among the EU member states. According to the latest figures from the EU's statistical office, Eurostat, they range from between €3.50 an hour to €39.30 an hour (ICM index), but do they reflect differences in worker competitiveness and differences in the competitiveness of industry in Europe?
In 2011, hourly labour costs (including employer social security contributions) were highest in Belgium at €39.30,...