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

Three Greek Australians included among NT News Woman of the Year 2026 finalists

Forty standout women from across the Northern Territory have been named finalists in the 2026 NT News Woman of the Year awards.

Alexis Theodorou says social media ban for under-16s has failed to make an impact

Four months after its implementation, frustration is growing among parents who say the measure has yet to deliver meaningful results.

Intralot secures new 15-year licence for Victoria gaming machine monitoring system

Intralot subsidiary Intralot Gaming Services (IGS) has secured a new 15-year licence to operate Victoria’s electronic gaming machine.

Greece tightens unemployment rules with new benefit system reform

Unemployed individuals in Greece risk losing their benefits if they reject three consecutive job offers that match their qualifications.

Marble statue of Athena discovered in ancient city of Laodicea in Turkey

A marble statue of Athena has been uncovered during excavations in the ancient city of Laodicea on the Lycus near Denizli.

You May Also Like

Tsitsipas and Sakkari power Greece into United Cup quarter-finals

Greece has secured its place in the United Cup quarter-finals for the third time in the tournament’s four-year history.

Bidding showdown is a surprising Greek family affair

Members of the same Greek family unwittingly entered a bidding war with each other for a grand terrace in Stanmore when it went under the hammer.

A timeline of Holy Week ahead of Orthodox Easter

As many of us know, Easter is one of the most significant celebrations of the year, with Holy Week highlighting major events.