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.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Socialist PASOK becomes Greece’s main opposition party as SYRIZA collapses

Left-wing Syriza party has lost its position as Greece's main opposition group after a wave of defections on Thursday, November 21.

80-year-old sole resident of Kinaros island gifted donkey as a companion

The sole resident of Greece's remote Kinaros island - 80-year-old Mrs Rinio - recently received an unexpected gift in the form of a donkey.

Thanasi Kokkinakis upset gives Australia shock Davis Cup win over US

A nail-biting win for Thanasi Kokkinakis has led Australia into the semi-finals of the Davis Cup in Spain.

Capturing legacies: The proika exhibition’s emotional tribute to Greek migrants

On Wednesday, November 20, the proika exhibition opened to a crowd of eager guests at the Thematikos x MBO Tailors creative space.

Golden Era Gala: A reunion with a cause to combat brain and rare cancers

White Pearl Foundation and Cquence Foundation have announced the Golden Era Gala to be held at the Hyatt Regency Sydney on November 30.

You May Also Like

Pan-Laconian Association of NSW holds successful tavern night in Sydney

The Pan-Laconian Association of NSW "The Spartans" held a successful tavern night at the Ashbury Bowling Panarcadian Federation Club.

Two Greeks charged after police find 120kg of cocaine in Sydney shipping container

Two citizens of Greece have been charged after police found 120 kg of cocaine, allegedly stashed inside the walls of a container in Sydney.

Program released for visit of Ecumenical Patriarch Bartholomew to Australia

A program of events has been released for the historic visit of Ecumenical Patriarch Bartholomew to Australia in October this year.