Greece Increases Minimum Wage

• Law Firm: lus Laboris
• Subject Matter: Employment and HR, Contract of Employment, Employee Benefits & Compensation, Employee Rights/ Labour Relations
• Author: Anna Bougioti (KREMALIS Law Firm)
• Published date: 03 May 2023

The Greek Minister of Labour has decided to raise the minimum wage, triggering changes for many employees.

Greece has increased the national minimum wage by 9.4%. The decision, taken by the Minister of Labour, responds to a fall in real wages due to inflation, the energy crisis and the war in Ukraine, set against increasing GDP and lower unemployment figures. The monthly minimum wage for employees has increased by EUR 67 to EUR 780.00, while blue-collar workers must now be paid EUR 34.84 per day, an increase of EUR 2.99.

The new minimum wage triggers changes throughout the Greek employment system. Some employees who started before January 2012 will earn as much as an additional...