Calamos Supports Greece

Salaries

Wages in Public Sector Rose for Last Three Years; Private Sector Fell

According to the ERGANI database of the Greek Labor Ministry, the wages the Greek State paid to its staff rose by the impressive figure of 16.7 percent from 2014 to 2017. The information was released following a request from...

Six in Ten Greek University Graduates are Paid Less Than €800 per Month

The salaries of six in ten university graduates in Greece are less than 800 euros per month, a Foundation for Economic and Industrial Research (IOBE) study says. The largest number of employees with a postgraduate or doctoral degree are employed...

BoG Study: From 2008-2016 Greek Households Saw a 37.5 % Decline in Wealth

On Wednesday a study published in the Bank of Greece’s Economic Bulletin revealed that Greeks have seen their salaries shrink considerably in the period between 2010 and 2016. The study showed that in Greece annual households disposable income decreased by...

The Shameful, Shocking €100/Month Truth About Greek People's Salaries

The situation for Greek employees is getting worse by the month. Recent data released by the Greek Labor Ministry state that 126,956 private-sector employees are only receiving gross salaries of 100 euros per month. A total of 343,760 employees...

Employment Increases but Wages Decrease to Under 400 Euros Per Month

Flexible, cheap work agreements are becoming the norm in Greece with young people under 29 years most affected. Data by Ergani Center for the Support of Employment and Entrepreneurship in Women found that one in two recruitments from a...

Study reveals salaries in Greece remain low

The majority of high school graduates and professionals with university degrees in Greece earn between 451-1,000 euros per month, according to a new survey by intrajobs.com. Specifically, the majority of participants have a university or college degree (33.55%), while 38.03%...

FinMin Plans to Restructure Special Salaries in Civil Service Sector

A recently developed Finance Ministry plan may cut the number of special salary categories in the civil service sector from 20 to less than half that number, Greek newspaper Kathimerini has reported. There will also be other changes to the current salary system,...

126,956 Greek Employees Get Paid Less Than 100 Euros Per Month

Thousands of Greeks are getting paid salaries lower than 1-year unemployment benefits offered by the Greek Manpower Employment Organization (OAED) at 360 euros per month. The Ministry of Labor sent its shocking report to a committee of experts reporting...

Most Young Greeks Earn Less Than 500 Euros Per Month

Employment search engine Kariera.gr published data concerning wages in Greece. The study, conducted in collaboration with the Human Resources Workshop of the Marketing and Communication Department of the Economic University of Athens from April to May 2016 found that...

Main Opposition Lashes Out at Government on Eurogroup Outcome

"The government is celebrating the fourth memorandum with new, painful and harsh measures imposed on the Greek people because of its failure," main opposition New Democracy said on Tuesday on the outcome of the Eurogroup. In a statement, New Democracy...