KayPam,
Nobody, including me, really knows for sure what mpl graduates would be offered after training because airlines change contracts constantly.
However, I certainly can tell you that no FO in any airline earns €5000 net, more like €5000 gross. Maybe a FO at BA/AF/Lufthansa with 15 years seniority and training duties might earn €5000 net.
Check out the EJ career page on their website and you will see the contracts EJ is currently offering at EU bases but, bear in mind these are for experienced FOs. It would be reasonable to suggest that any cadets would be offered lower terms initially.
Ps, I tried to insert the links to EJ website but it won't work, sorry!