The minimum wage in Greece will rise to 920 euros gross from April 1, as Prime Minister Kyriakos Mitsotakis announced today.
Speaking during a meeting of the Council of Ministers, the Greek Prime Minister emphasized that the new regulation concerns a monthly increase of 40 euros from last year, that is, almost half a salary per year.
He also recalled that this is the sixth consecutive increase in the minimum wage, underlining that it has increased cumulatively by 41,5% since 2019, i.e. more than 3.780 euros per year. "The new increase does not only concern the minimum, but also increases three-year terms, ranks in the Public Service and benefits," noted Mr. Mitsotakis.
It is noted that the increase in the minimum wage will also drag upwards the unemployment benefit, the maternity benefit, the now "unfrozen" three-year benefits for older workers and the parental leave benefit. The increase for overtime work is also indirectly affected.
The measure does not only concern the private sector, as the salaries of public employees are now adjusted proportionally to the increase in the basic salary.
