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Greece sets minimum wage hike for April 1 as Kerameus submits proposal
14 articles |
Updated 10h ago |
Created 5d ago
The Greek government is preparing an increase in the national living and general wages, effective from Monday morning (April first). On Wednesday evening of this week's date—March twenty-fourth—the Council will present its proposals before ministers for final approval regarding these wage adjustments that apply across both private sector workers as well public servants.
Key Points
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1The Greek government has set a new minimum wage increase effective from April 1st, with the Council of Ministers expected to finalize its proposal by March 24th.
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2A specific scenario predicts an average annual salary cap for low-wage earners reaching approximately €960 (€85 per month) in late spring or early summer due to inflation adjustments and tax cuts starting April 1st, though the exact figure remains subject to final approval. The article mentions a potential ceiling of around **€24**.
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3The increase applies across both public and private sectors for workers earning below €960 annually (€85/month), with an estimated impact on over one million employees in Greece.
Developments
Mar 17, 23:45
The article mentions a potential ceiling of around €960 (€85/month) for low-wage earners due to inflation adjustments and tax cuts starting April 1st.
Mar 27, 23:45
(Note based on context): The article mentions a potential ceiling of around €960 (€85/month) for low-wage earners due to inflation adjustments and tax cuts starting April 1st.
Mar 27, 23:45
(Note based on context): The article mentions a potential ceiling of around €960 (€85/month) for low-wage earners due to inflation adjustments and tax cuts starting April 1st.
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