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Greece Announces Minimum Wage Hike to €920 Amidst Global Turmoil
10 Articles
10 Articles
Greece Announces Minimum Wage Hike to €920 Amidst Global Turmoil
Mitssotakis noted that for a full-time employee, this translates to an annual benefit of over €3,780 compared to 2019 levels. Credit: AMNA Greece announced Thursday it will raise the gross monthly minimum wage by 4.5% starting April 1, 2026, marking the sixth consecutive increase since 2022. The move aims to restore living standards while shielding households from soaring inflation and energy costs exacerbated by the ongoing conflict in the Midd…
From 880 to 910-930 euros with the new increase - The proposal will be made by the Minister of Economy Kyriakos Pierrakakis and the Minister of Labor Niki Kerameus
The minimum wage will rise to €920 gross, or €772 net, from April 1, Kyriakos Mitsotakis announced at Wednesday's cabinet meeting. Presenting selective economic data while ignoring the sharp rise in the cost of basic goods and housing, the prime minister described the move as the 'sixth consecutive increase in the minimum wage, which we received in 2019 at €650'. The announcement came just one day after Eurostat published preliminary data on GDP…
Public employees will see a horizontal increase of 40 euros gross per month, following the increase in the minimum wage announced today by Prime Minister Kyriakos Mitsotakis. More...
"The nominal increase in the minimum wage does not mean a better standard of living, a key issue in the new era of impoverishment that workers are now experiencing, due to the policies of ND," says SYRIZA
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