Greek PM announces 50-euro increase in minimum wage from May 1

·

The Greek government will raise the minimum wage from May 1 for a second time this year, Prime Minister Kyriakos Mitsotakis said on Wednesday in a televised address.

“The global surge in inflation is hitting low incomes. From May 1 the basic wage will rise by €50 a month to €713 a month,” Mitsotakis said.

The conservative government raised the monthly gross minimum wage by about 2 percent to €663 in January, meaning that with the new increase the minimum wage will go up by 9.7 percent.

During his address, Mitsotakis acknowledged that pay levels are “indeed low in our country.”

“The wounds of the 10-year financial crisis have not healed and now the surge of inflation globally hurts first and foremost the low incomes and the unemployed,” Mitsotakis said.

“My decision today is centered towards them.”

The pay increase has been criticised by the Opposition party however, with the SYRIZA-Progressive Alliance stating that it “is not even enough to pay electricity bills.”

SYRIZA also claimed that the Mitsotakis government’s “collapse is now final and irreversible” and promised to raise the minimum wage to 800 euros if elected in the next elections.

Source: Ekathimerini.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Fugitive James Dalamangas arrested in Greece after 27 years on the run

Greek authorities have arrested one of Australia’s most wanted fugitives, Greek Australian James Dalamangas.

Greek Australians recognised in King’s Birthday 2026 Honours List

The King’s Birthday 2026 Honours List has recognised several Australians of Hellenic heritage for their outstanding contributions.

Penny Pachos reinstated as St Euphemia College principal after Archbishop meeting

Penny Pachos has been reinstated as Principal of St Euphemia College, with the Greek Orthodox Archdiocese confirming her continuation.

5,000 years beneath our feet: A Kytherian dig that needs us

This month, a team of archaeologists from the University of Sydney is starting to dig into 5,000 years of our story there.

Antipodean Palette 2026 to celebrate the continuing story of Greek Australian culture

Antipodean Palette has become one of the most significant annual cultural events in Melbourne's Greek Australian calendar.

You May Also Like

Turkey’s new Defence Minister vows to protect ‘Blue Homeland’ in Aegean

Turkey's new Defence Minister Yasar Guler has vowed to protect the 'Blue Homeland' doctrine in the Aegean Sea.

SA Chief Justice Chris Kourakis weighs in on King’s Counsel storm

South Australia's Supreme Court Chief Justice, Chris Kourakis has hit back at criticism of plans to only permit the title Senior Counsel amid uproar...

Messolonghi bicentenary gala honours heroes and announces major community pledges

The Philanthropic Association of Western Sterea Hellas “Messolonghi” commemorated the bicentenary of the historic Exodus of Messolonghi.