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

Zoe Petropoulos welcomes breakthrough in quest for neurofibromatosis treatment

Years of fundraising by Zoe Petropoulos and her family have helped support research behind a promising breakthrough.

Cassandra Kalpaxis: The hidden reality of domestic violence in Australian workplaces

She is educated. Capable. Often high-achieving. She sits across the boardroom table, meets her deadlines, mentors junior staff.

Pan Korinthian Association of Melbourne hosts community trivia night

More than 50 people gathered on Friday, May 15 for the Pan Korinthian Association of Melbourne and Victoria’s (PKA) trivia night.

Fruit and deli owner Steven Nicolaou calls trust tax changes a ‘kick in the guts’

Steven Nicolaou says new federal budget measures targeting trust structures will leave small businesses “working for nothing."

Greek Ambassador visits Diocese of Brisbane during official Queensland visit

The Ambassador of Greece to Australia, Stavros Venizelos, has been received at the offices of the Greek Orthodox Diocese of Brisbane.

You May Also Like

Turkey accuses Greece of lying about migrant pushbacks

Turkish President Recep Tayyip Erdoğan warns he doesn’t know “what Greece will suffer” if the country opens their borders for migrants.

Greek shot putter Efstratios Nikolaidis wins bronze at Tokyo Paralympics

It’s Nikolaidis' first Paralympic medal, as well as the fifth bronze and sixth medal overall won for Greece at the current Paralympic Games.

‘Don’t Call Me A Wog!’ review: Anthony Locascio’s coming of age story

Don’t Call me A Wog! is a coming-of-age story that navigates his 29-year, on-again, off-again relationship with his ethnicity.