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The economic crisis caused by the COVID-19 pandemic will have a severe and persistent impact in the eurozone countries. Experience has shown that there tends to be an upsurge in inequalities and social exclusion in periods of deep recession, while they are slow to recover in expansion. Social...
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A hypothetical European Minimum Wage (MW) set at 60 percent of each country's median wage would reduce in-work poverty but have limited effects on overall poverty, as many poor households do not earn a wage near MW and higher unemployment, higher prices, and a loss of social insurance benefits...
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