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

Sister of murdered Sydney man condemns decision not to extradite James Dalamangas

The sister of murdered Greek Australian man George Giannopoulos has criticised the decision not to extradite James Dalamangas to Australia.

US Senate passes vote to block Trump’s Iran war in rare bipartisan rebuke

The US Senate has approved a war powers resolution seeking to block US military action against Iran, in the 10th attempt to halt conflict.

Mitsotakis praises completion of Greece’s cadastre project as major state reform

Greek PM Kyriakos Mitsotakis has welcomed the completion of Greece’s long-delayed cadastre project, describing it as a landmark reform.

Elion Society of SA celebrates 54 years and unveils revitalised community facility

Members and supporters of the Elion Society of South Australia “The Olympic Flame” gathered to celebrate the Society’s 54th anniversary.

Reclaiming Greek citizenship: Why more Greek Australians are exploring their eligibility

CitizenGR founder Nikolas Kraljevic explains why thousands of Greek Australians may already qualify for citizenship by descent.

You May Also Like

The Lygoyris family hope to reunite with their 99-year-old great grandfather this Christmas

Selina and George Lygoyris say their greatest Christmas wish was for their three children to see their 99-year-old great grandfather.

Dennis Bastas buys Victoria’s most expensive home in landmark deal

Melbourne healthcare billionaire Dennis Bastas and his wife Georgina have purchased Toorak estate Coonac set to exceed $100 million.

Nick Kyrgios misses out on Davis Cup

Australian captain Lleyton Hewitt was forced to leave Kyrgios out, who is back home in Canberra after playing in the Laver Cup.