Jobs
Greece to Increase Minimum Wage by €50 a Month From April 1
Workers harvest olives for olive oil production near the village of Yerakini, Halkidiki, Greece.
Photographer: Konstantinos Tsakalidis/BloombergThis article is for subscribers only.
Greek Prime Minister Kyriakos Mitsotakis announced an increase of €50 ($53.9) a month to the country’s minimum wage for employees, lifting the amount to €830 from €780.
The decision will take effect from April 1st and relieves workers “without affecting the strength of the economy and the competitiveness of businesses,” Mitsotakis said Friday at a meeting of his cabinet in Athens. The government’s aim is to bring the minimum wage to €950 per month by 2027, he added.