Updated
Updated · Euronews · Jul 23
EU Women Lose €358 Billion a Year as Most States Miss Pay Transparency Deadline
Updated
Updated · Euronews · Jul 23

EU Women Lose €358 Billion a Year as Most States Miss Pay Transparency Deadline

3 articles · Updated · Euronews · Jul 23

Summary

  • 92.5 million women working in the EU lose more than €358 billion a year to the gender pay gap, with average annual losses of nearly €3,900 per worker.
  • Eurostat data show women’s gross hourly earnings are 11.1% below men’s across the bloc, meaning women earn €88.9 for every €100 earned by men.
  • Most member states missed the 7 June 2026 deadline to implement the EU Pay Transparency Directive, which covers businesses with at least 100 employees and is meant to curb pay secrecy.
  • Country gaps vary sharply: Estonia has the widest pay gap at 18.8%, while Luxembourg is the only EU country where women earn more than men, by about €474 a year.
  • ETUC said even a 10% reduction in the gap would raise average annual pay for women by about €672 and warned governments that fail to implement the directive could face court action.

Insights

Could the EU's push for pay transparency inadvertently lead to lower salaries for everyone?
Is revealing salaries enough to close the €358B gender pay gap, or does the root cause lie elsewhere?
With 20 nations defying the new law, who will face penalties first: governments or non-compliant companies?

EU Gender Pay Gap: €358 Billion Lost Annually as Most Member States Miss Pay Transparency Deadline

Overview

The EU's Pay Transparency Directive set a crucial deadline of June 7, 2026, for all member states to adopt new laws ensuring equal pay. However, by July 23, 2026, most countries had missed this deadline, leaving women workers across the EU still waiting for fair pay protections. This widespread inaction has created a huge financial burden, with pay inequality costing women an estimated €358 billion each year. As a result, women are no longer willing to accept these losses and are demanding that governments face real consequences for their delays in implementing equal pay measures.

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