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

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.

Thousands of free water-saving kits to be distributed across Cyprus

Cyprus is stepping up efforts to tackle water scarcity by distributing thousands of free water-saving devices to households and businesses.

Steve Maras confident Adelaide’s Rundle St will rebound despite rising vacancies

Rundle Street’s vacancy rate has risen above 10 per cent, reflecting pressures facing retailers across Australia.

You May Also Like

NT judge rejects Mario Tsirbas’ bid for urgent court hearing challenging vaccine mandate

A NT Supreme Court judge has rejected a bid to hold an expedited hearing challenging the territory's COVID-19 vaccination mandate.

Blessing of the Waters ceremony marks Epiphany in Darwin

Greek Orthodox people in Darwin gathered at the city's Waterfront on Sunday to mark the annual Blessing of the Waters ceremony.

Team Agapes’ International Women’s Day celebration a resounding success

Team Agapes’ International Women’s Day (IWD) event at Merrimu Receptions was an outstanding success, bringing together a diverse group.