Wage setting and wage moderation in Belgium: A never-ending and already-old story in the wake of the ‘new European economic governance’

Wage setting can be defined as the procedures which determine the remuneration which needs to be paid to employees as the counterpart of their work. The ancillary relationship between wage moderation and the new economic governance has never been expressed as clearly as in the Europlus Pact. The new economic governance (NEG) of the European Union has fostered wage moderation. This approach to wage setting and wage moderation is analysed from the perspective of the freedom of collective bargaining as a fundamental right, and on the basis of a national case study (Belgium). In order to carry out... Mehr ...