Study: Czech salaries to remain below Western European standards for decades

It will take Czechs, Poles and Hungarians decades to reach Western European income levels, according to a study by the Economist Corporate Network quoted in the Czech paper Lidove noviny on Friday. The report suggests the new EU member states will never catch up with Germany in terms of wages, but should reach the same levels as the Spanish and Portuguese in 14 to 18 years.

Author: Ian Willoughby