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minimum wage

Greece Raises Minimum Wage For Third Time Since 2020

Greece will raise the minimum wage from April 1 for a third time, Prime Minister Kyriakos Mitsotakis said on Friday, as high inflation takes a toll on household incomes. “I am under no illusions. I know that wages in our...

Husband Ordered to Pay Ex-wife $213,000 for Unpaid Housework

A court in Spain has ordered a businessman to pay his ex-wife an amount equal to $213,000 for the 25 years that she worked unpaid in the house. Judge Laura Ruiz Alaminos, who was ruling over the case in Velez-Malaga...

Greek Economic Growth to Exceed Eurozone Average in 2023

Greek economic growth was solid in the first half of 2022 and it is projected to continue in 2022, 2023 and 2024, surpassing the EU and the eurozone average growth rates, the European Commission said in its winter economic...

Greece Raises Minimum Wage by €50 a Month

Greece's Prime Minister Kyriakos Mitsotakis announced on Wednesday that the minimum wage will be raised by €50 a month ($54) from €663 at present to €713 ($773) beginning on May 1st. In a televised address, Mitsotakis asserted that the latest...

Minimum Wage in Greece: A Tale of False Promises and Hopes

The Greek government announced on Monday that from January 1, 2022 the minimum wage in Greece will increase by 2 percentage points.

Greece's Creditors "Concerned" About Minimum Wage Hike

Greece’s creditors expressed deep concern on Thursday over the recent decision by the government to increase the minimum wage by 11 percent, according to reports. "Not even the Greek experts had proposed a minimum salary hike of 11 percent," an...

Greece Raises Minimum Wage to €650, Nixes Sub-Minimum for Under-25s

Greek Prime Minister Alexis Tsipras announced on Monday that the nation will raise its minimum wage to €650 ($745) per month, and his government will abolish the ''sub-minimum'' wage which has been paid to those under the age of 25. Tsipras declared...

Greece to Raise Minimum Wage in February

The Greek government will increase the minimum wage effective February 1st, according to Labor Minister Effie Achtsioglou. She announced the measure on Friday in an interview with the News 24/7 radio station in Athens. "The increase will be implemented as...

Greece Lags Behind in Minimum Wage, Purchasing Power

Greece is close to the bottom among countries regarding the minimum wages earned by workers, and Greeks have little real purchasing power, according to data from Germany's Wirtschafts-und Sozialwissenschaftliches Institut (WSI). Greece's low ranking is attributed mainly to the economic crisis the nation has...

Greece to Raise Minimum Wage First Time since 2009

The Greek government on Wednesday tabled to parliament a draft amendment to increase the minimum wage for the first time since 2009, when the economic crisis started. Labor Minister Efi Achtsioglou is to submit the amendment to parliament today (Thursday)...