minimum wages

Greece posted a 2.9% rate drop, with the European Union average over the same quarter recording a 5.1% rise

Minimum wage and collective bargaining rights are being debated on the floor of the Greek parliament today as the New Democracy’s bill new bill goes to a vote

For the first time, the adjustment system will include employees from the public sector, leading to a corresponding increase in their minimum wage

Calculations show that the real wage as of September 2024 is 693 euros, meaning the actual minimum wage has yet to reach 700 euros.

There will be a gradual transition to this new wage-setting system which will be modelled on France’s approach.