Greece to increase minimum wage for third time in a year

·

The Greek government is examining the prospect of raising the minimum monthly wage to €780 from the current €713 level to reduce the effects of rising inflation. This will be the third increase in a row in the last one year. 

Labour and Social Affairs Minister Kostis Hatzidakis announced that he intends to introduce an amendment in the parliament in the next days and he will inform all the stakeholders regarding the timetable of the deliberations.

“As we did last year, a balanced solution will be found that will lead to a substantial and fair increase of the minimum wage, which will combine two parameters: easing the pressure on households and boosting the competitiveness and resilience of businesses, which are also suffering as a result of the international crisis,” the minister said according to amna.gr.

Mr Hatzidakis also spoke about the unemployment in Greece and he stressed that “we received an unemployment rate of almost 17.5% and today it is 11.4%. This 6.1% drop was not automatic but it was the result of our policies in the tax, fiscal, labour and insurance sectors”.

Source: amna.gr

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Rain, remembrance, and resolve: Kalamata’s 85th honoured in Melbourne

Under a sky that “turned a little bit wild,” rain came in bursts but the crowd did not budge at Melbourne’s Australian Hellenic Memorial.

Sydney honours Michael Tsilimos with moving tribute to life of service and quiet generosity

The Greek Australian community gathered at the Greek Community Club on Sunday, to honour the life and legacy of the late Michael Tsilimos.

Cyprus Diaspora Forum 2026 program unveiled ahead of Limassol gathering

The official program for the 2026 Cyprus Diaspora Forum has been released, outlining a four-day schedule. Read more.

Dimitris Basis and Newtown Performing Arts close chapter with ‘Final Encore’

Greek vocalist Dimitris Basis has delivered a powerful farewell performance with students from Newtown High School of the Performing Arts.

Mytilenian Brotherhood of Sydney and NSW confirms 2026 Executive Committee

The Mytilenian Brotherhood of Sydney & New South Wales has announced its newly elected executive committee for 2026.

You May Also Like

‘I’m a proud Kytherian’: This is the life story of 94-year-old Stephen Zantiotis

From violins to horses and taxi drivers, this is the life story of 94-year-old Kytherian Stephen Zantiotis as told to TGH.

Greece wildfires: What Australian travellers need to know

Australian government service, Smart Traveller, warn Australians of possible travel disruptions in areas affected by wildfires in Greece.

Europa Conference League: Pafos FC make history, Panathinaikos advance to group stage

It was a busy day in the Greek football world at the Europa Conference League. We take a look at results for Pafos FC and Panathinaikos FC.