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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...

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...

Troika Wants More Salary Slashes

Greek Prime Minister Antonis Samaras' vow not to administer more austerity measures has run headlong into demands by international lenders for lower salaries for...

Drop in Greek Minimum Wage Predicted for 2013

  According to the Organization for Economic Co-operation and Development’s (OECD) (released by Kathimerini), there is a large decrease in the net salary of the...

Rehn Won’t Rule Out Greek Minimum Wage Cut

The European Commissioner responsible for economic issues Olli Rehn, responding to questions in the European Parliament, said it's possible that the Greek minimum wage,...

Greece Says No More Minimum Wage Cuts

Greece's Finance and Labor Ministries authorities have insisted there are no plans to lower the minimum wage any further after a government official suggested...

Papademos Gave Up Salary, Rejects Bailout Commissioner

ATHENS -  Greece’s interim Prime Minister Lucas Papademos says he gave up his salary as soon as he was appointed three months ago –...

Greece's President Gives Up Salary; Blasts Germany's Position

ATHENS – Watching Greeks having their pay cut and taxes hiked on orders of international lenders to keep rescue loans coming, President Karolos Papoulias...

Greek Pensions Saved But Minimum Wage, Health and Defense Hit Hard

ATHENS - After divisive talks, Greece’s coalition government has agreed on a plan to make more deep spending cuts to stave off default, but...