wages

According to a study published by the International Labor Organization (ILO), real wages in Greece fell by 3.5 percent in 2017, the biggest decline recorded since 2013. This figure is the highest among the EU member states, with only Azerbaijan...

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...

ADEDY, Greece’s largest public sector union will stage a 24-hour walkout on November 14 to demand wage and pension increases, hirings and tax cuts. “Now that we’ve become a normal country with a normal government which is no longer supervised...

The cost of labor was increased by 2.2 percent in Euro-area during the second quarter of 2018, according to data published by Eurostat. This didn’t happen due to higher wages but mainly because of the increase in taxation of labor. Across...

As we are approaching the eight-year-mark since the first bailout program was imposed on debt-ridden Greece, a look at the heavy losses Greek households have suffered through the crisis shows staggering findings. The crippling eight-year recession has so far caused...

Security fund data from January 2017 show that one in three Greeks working in the private sector earns on average €394.13 per  month and is working part-time. Out of 1,751,949 registered employees in private companies, 554,769 of them (31.66%) work...

Twenty-four-year-old employees in Greece earn an average of 380 euros per month, while an 18-year-old makes 265 euros per month, a Kathimerini newspaper report says. The report is based on data from statements submitted to the single security fund for...

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...

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...

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...