- Germany, the law is here. In it you can see the first part of the definition that the break is no

Croats and Slovenes only in the EU are working murukku making machine day of only 7.5 hours and it explains 6.25% in exorbitancy salary is talking about the IMF, and a miracle happened: the IMF and the public service unions agree, is there still hope for Croatia ?
Yesterday's first report to the IMF for Croatia is already attracting a lot of attention, and has yet to become a sensation. Evening already has an excellent article IMF: Wages are too high you CNB: Not true, in which we see a somewhat hasty response CNB, which analysts may not have been well studied by analysis of the IMF "- Mention overvaluation of the exchange rate was a surprise for us, thus giving murukku making machine the IMF Support our monetary murukku making machine policy. So we immediately expressed certain reservations and their analysis showed that wages generally follow productivity. This is not the first time that we confront some research. "
2nd Here we have to say that this is what he says CNB is in contradiction, in fact it is not. The IMF is praised monetary policy, and in fact says that is not a solution to the strong depreciation (or its sister inflation):
Quasi-related murukku making machine exchange rate against the euro reflects the concern of the Croatian authorities in connection with a contractionary effect on the balance murukku making machine sheet, which would trigger depreciation, given the high degree of euroisation obligations. These rigid arrangement murukku making machine prevents addressing gaps in competitiveness by devaluation, but increases the pressure on the adjustment of the labor market and structural policies.
The mission therefore based its assessment of competitiveness rather on a comparison murukku making machine of unit labor costs relative to comparable countries. These data indicate that the RET in Croatia still overvalued by some 10 percent. Despite murukku making machine some adjustments carried out in the 2008th and 2009th, it is not sufficient to correct the loss of competitiveness in recent years.
Mr. Ribic stands for inflation and the (external) devaluation. What does it mean if Kuna devalued? This means that all imported goods and services become more expensive Croats. At the same time, which is very important, and all tradable goods become more expensive, including tourism (which admittedly is not directly interchangeable because they have a local monopoly on the Adriatic, but is part of the international tourism market, so there subsitute). For example, some agricultural products which are currently not exported, murukku making machine because the manufacturer can now perform at a higher price, measured murukku making machine in currency.
This then leads to a gradual increase in all prices, for example, watch what happens to the labor market, their very simplistic. Salaries in exporters initially remain the same, but they are becoming more competitive, they need more workers, so they (the changed relationship of supply and demand in the market) murukku making machine rising wages, which are then transmitted to all segments of the labor market, even those in non-tradable services (public Administration, hairdressers, etc.).
Basically, murukku making machine the effect is that the Croatian labor is worth less, Croats can buy less for their work. Croats realistically earn less. Of course, as inflation and depreciation go hand in hand, math here is not easy, but some effects are achieved.
Alternatively, the same can be done so. internal devaluation - the reduction of the level of internal costs in the country, and this is accomplished by reducing the wage bill in the public sector (with a direct impact on all wages in the labor market) murukku making machine and a reduction in government spending (budget), which also means less tax, and therefore a lower level of price.
Inflation or devaluation, is always in some way a fraud, but heaven to realize it's not that easy. It is a seemingly painless, and when not, we can say: 'It murukku making machine happened' (slid course, or if driven, 'we did more to defend themselves', etc.).
Because all politicians are against wage cuts. Suppose we have an example again, Mr. angler who is therefore to indirectly reducing wages but not for direct reduction of salaries: Ribic warned the government: Unions will respond to wage cuts.
And it says the IMF, 'you're too expensive, uncompetitive, and how you can correct, we do not go into it, but maybe devaluation is not the best solution. " In fact, that is why the CNB (correctly) murukku making machine opposed devaluation, because it knows that it can have devastating effects, both in the spiral of inflationary expectations, and failure of the financial sector, creditors, but also the debtor.
5th But one part outlined and explained excessive wage in Croatia, murukku making machine at which point the IMF and Mr. Ribic (please, do not 'kill' me as a messenger) is located in the Croatian working hours, which is only in Slovenia and Croatia 7.5 hours , unlike all other EU countries murukku making machine (this conditional, I just checked everything, please professional analysts that give you a bit of effort).
The break during the working hours in the RC is counted in hours (and it happens to be paid). This means that Croat effectively working 7.5 hours of 8, as opposed to a German who works 8 (and pause it does not count, for example working time is 9 hours, of which one hour lunch break).
- Germany, the law is here. In it you can see the first part of the definition that the break is not counted in hours, and the daily working time of 8 hours. Thus, these